SCO & BRICS latest news and insights
By By Xie Wenting in Johannesburg and Liu Xin in Beijing
The Chinese President Xi Jinping returned to China on Friday after wrapping up his 10th visit to the African continent, during which he attended the 15th BRICS Summit and paid a state visit to South Africa. Observers said that the Chinese le...
By Pepe Escobar
After a long-running buildup pinpointed by immense expectations all across the Global South, Global Majority, or “Global Globe” (as coined by Belarus President Lukashenko), the BRICS summit in South Africa, on its first day, revealed a “lost in translation” incident that should be...
By Rhod Mackenzie
The attractiveness of the BRICS countries demonstrates that the West has lost its former integration strength, and the world has entered a phase of development of a multipolar world order. This opinion was expressed on August 26 by the member of the Bundestag from the Alternative...
By Pepe Escobar
The Chinese President Xi Jinping defined all the major decisions embedded in the 15th BRICS summit in South Africa as “historic”. That may be seen as an understatement.
It will take time for the Global South, or Global Majority, or “Global Globe” (copyright President Lukashenko),...
By Alexei Kupriyanov.
To win the war of economies, where the enemy has all the trump cards — from a solid share in world trade to the printing press of the world’s reserve currency — we need, as military theory teaches us, an asymmetric strategy. It is useless to try to break through the sanctions...
By Sergey Manukov
Over the past few months, the Chinese Ministry of Finance has been aggressively selling US government bonds. As a result of this sale, as of the end of June, China had “only” $835 billion left, according to Business Insider. Of course, this is a lot, but not for China. The last t...
