Xi's visit underscores strategic nature of China-Brazil ties: expert
Chinese President Xi Jinping's visit to Brazil underscores the strategic nature of China-Brazil ties, the extent of their economic exchange and their shared outlook on important global issues, says an expert.
BRICS bank helps stabilize global order
The establishment of the NDB and the CRA has been viewed as a counterweight to the Western-dominated financial organizations, namely the World Bank and the International Monetary Fund (IMF).
Xi’s tour of Latin America offers vital regional trade cooperation
There are still large potentials for both sides to explore, and the importance of Latin America in China’s diplomatic framework will be further highlighted.
'Broken BRICS' argument lacks vision, substance
The familiar argument predicting a collapse of BRICS countries by the West has sadly failed to grasp the essence of the dynamic grouping from the emerging world.
BRICS evolution caters to emerging states
The NDB is supplementary to the international financial system, while it also brings in competition.