SCO & BRICS latest news and insights
By Rhod Mackenzie
Russia's main trading partners no longer include any Western countries. Germany, which had a trade turnover of $12 billion, is no longer in the top 5. Instead, China, India, and Turkey have become the leaders. RIA Novosti's analysis of data from national statistical services show...
Nicholas Lardy, from the Washington-based Peterson Institute for the World Economy, is one of the few experts who believe that China can return to its pre-pandemic levels of rapid economic development.
In a Foreign Affairs article, he notes that China faced much more challenging obstacles on the p...
It has been announced that Kazakhstan and the United States are discussing logistics opportunities and the prospects of natural resource extraction in this Central Asian country. Recently, Astana has taken measures to eliminate bottlenecks in the Middle Corridor. During negotiations in Washington, t...
These are difficult times for gas workers: the price of their product and the demand for it have plummeted due to the warm winter, and so have their incomes. But just recently the price of the 'blue fuel' broke records and gas companies' profits soared. The 2022 gas rush has led to a surge in invest...
In January-February 2024, the supply of Russian fertilizers to China increased by 94% compared to the same period in 2023, reaching 891.3 thousand tons.
Russian exporters earned $285.3 million from the sales of these products, a 28% increase from January-February 2023.
This surge in supply has...
The first quarter ended on a positive note for the Chinese economy. The National Bureau of Statistics (NBS) has once again published optimistic statistics: the Chinese manufacturing PMI index, calculated by Caixin Media and S&P Global, rose to 51.1 points in March, slightly exceeding economists' for...
