By Rhod Mackenzie
China is rapidly buying up oil, gas and stakes in major companies and transport infrastructure around the world. Does this mean that Beijing is seriously aiming for world domination and where does it get the money for all this?
The states are to blame
Let's start with transpor...
By Liu Caiyu and Cao Siqi
A ceremony was held on Thursday to commemorate the completion of the largest single sewage treatment plant in South Asia - Bangladeshi Dasherkandi Sewage Treatment Plant, which was undertaken by Chinese enterprises and will benefit 5 million residents in Bangladesh.
Pri...
Global Times Opinion
Bilateral trade between China and the US has been on the decline this year, due in large part to the continuous US' "decoupling" push and antagonistic trade policy toward China.
But at a time when the Biden administration needs to impress voters with economic progress - not...
By Xiong Xinyi
While some developed countries have expressed an interest in joining the BRICS partnership, the BRICS is focusing on developing and emerging economies first to make sure cooperation is expanded, South African Ambassador to China Siyabonga Cyprian Cwele told the Global Times in a rec...
By Rhod Mackenzie
Efforts by countries to replace the US dollar in international trade will reach a new high when BRICS nations discuss the feasibility of introducing a common currency at a summit in South Africa later this year, Chinese experts said, noting that the move can be a fresh blow again...
By Rhod Mackenzie
Egypt is seeking to shift away from the US dollar in mutual trade with several member states of the BRICS economic bloc, Egyptian Supply Minister Ali Moselhy has said.
According to Moselhy, Egypt is seeking to use local currencies to pay for its imports from India, China, and R...