The Growing Weight of BRICS
As countries move to abandon the U.S. dollar, a rebalancing of the trading matrix has been set in motion as international trade is being conducted bilaterally in local currencies.
As countries move to abandon the U.S. dollar, a rebalancing of the trading matrix has been set in motion as international trade is being conducted bilaterally in local currencies.
The only way for Asia to succeed is to promote multilateralism, non-alignment, economic integration, and peaceful development, and not the expansion of ideological military blocs controlled by the U.S.
What the Chinese value most is not the splendor of the U.S.’ words, but the sincerity of its actions. A discrepancy between the two only adds fuel to the current fire, or rather, ‘freeze’.
The BRI represents a large-scale systematization of the concept of win-win relations coined by Chinese diplomacy.
Utilized with restraint, resources will be abundant; otherwise, they will be scarce.
Beijing has kept all its promises and is well-positioned to meet its climate commitments and transition to a greener economy while meeting its development goals.
Core technologies cannot be bought. China must depend on its own efforts to narrow the existing gap in the high-end chip industry.
This is what China’s modernization has presented: a new way to modernize. That is a gift. Simply proving that socialism works in creating economic and social progress gives 200 nations around the world a different choice.
The U.S. is a prosperous society that cares little about the wellbeing of its most vulnerable.
The further development of China’s homegrown airliners makes it possible for the country to become one of the suppliers of civil aircraft and related products and services to the world.
Constant and personal contact between partners is essential, whether in politics, or in joint ventures established in the business world.