The Kazan summit is also the first offline gathering of leaders of the "BRICS family" after the historic expansion in January this year. Pathak said that China has made remarkable contributions in promoting the expansion of the BRICS countries. More and more countries wish to join the ranks of...
In the first five months of the year, trade between China and other BRICS countries recorded a 12.1 percent year-on-year rise to reach 195.96 billion U.S. Dollars, growing faster than China's overall foreign trade in the same period, Tuesday's customs data showed. During a recent online ...
The acronym BRIC, which did not initially include South Africa, was coined in 2001 by then Goldman Sachs chief economist Jim O'Neill in a research paper that underlined the growth potential of Brazil, Russia, India and China. The bloc was founded as an informal club ...
The World Bank was founded in 1944 at Bretton Woods during a conference that saw the participation of the governments of 45 countries. Originally called the International Bank for Reconstruction and Development (IBRD), it was set up primarily tofinance postwar reconstruction in Europe. However, comp...
Last year, the BRICS economic alliance has flourished. In what was undoubtedly a year of growth, the bloc fast-tracked a host of initiatives. Those range from its de-dollarization plans to its first-ever expansion bid. The latter of which is finally set to be made official. ...
Construction of a lithium-ion battery separator plant, in which a joint venture between Chinese power battery giant CATL and lithium battery separator supplier Yunnan Energy New Materials invested 5.2 billion yuan, will be completed by next year. The JV will build the factory in Xiamen, Yunnan En...
In which industries and directions would Ethiopia like to establish cooperation with other BRICS countries in the first place? How is cooperation between Ethiopia and Russia developing? Uriat Cham Ugala, Ambassador Extraordinary and Plenipotentiary of the Federal Democratic Republic of Ethiopia to the...
Biswa– a children film based on a blind boy, is all set to release this year. He founded the “International Screenwriters Lab” (2008) in India to create quality scripts for family and children audiences of Asian Cinema. He produced short films in London, funded by the Arts Council Engl...
In early 2004, when China was producing close to 600,000 engineers a year, Infosys started its operations there through a local subsidiary. It was new territory for the company, with a unique set of challenges, and they knew they had to tread patiently and understand and leverage the local...
Shanghai Micro Electronics Equipment (SMEE), which is blacklisted by the U.S., is said to be able to deliver China’s first home-grown proprietary 28-nm lithography machine by year-end. China relies on advanced DUV machines made outside China for example from ASML in the Netherlands. ASML...