BRICS: New Silver Lining for the World
BRICS countries have not only sustained but fortified their economic and trade ties, delivering tangible benefits to global economic governance and fostering resilience in the global economy.
BRICS countries have not only sustained but fortified their economic and trade ties, delivering tangible benefits to global economic governance and fostering resilience in the global economy.
The world is no longer as it was, unipolar-centric around one country. Many countries have the need to make their voice heard by the world.
Under the BRICS mechanism, China-South Africa economic cooperation has expanded to cover all sectors.
If you look at where economic growth has come from globally, I’d say over the last 10 years, the biggest economic contributor by far is China.
What is the reason for this growing interest in the BRICS grouping? The search for inclusive and results-oriented multilateralism may be one of the answers to this question.
China’s expanding economic cooperation with Middle Eastern nations can foster greater political stability, providing an opportunity for shared development and prosperity.
In a world that is beset with challenges and uncertainty, Eurasia, with its connected markets and integration, is providing new paths for growth and prosperity.
China’s growing presence is prompting a ‘tectonic shift.’ As a new global landscape is taking shape, China is offering an increasing number of public goods to the international community.
Accusing others of what it has done, and continues to do, is a smokescreen tactic by Washington, supporting what has become a politically and economically unsustainable fraud.
China has long sought to demonstrate that it is a reliable global stakeholder and takes climate change seriously.
Far from attempting to realize a new golden era of international trade, the legislative trend in the U.S. threatens to constrain global economic growth.
Without communication, the political strategy of the German Government remains more of an aspiration. It explains how the government positions itself politically in the balance of power between the EU and China. But that is all.