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Chinese Engineers Are Keeping Russia’s Metal Furnaces Firing

Magnitogorsk, in the Ural mountains, was developed as a symbol of Soviet industrial might and its capacity for economic modernization. Today, a new, 75 billion-ruble (roughly $840 million) coking plant in the steel town is being built by a Chinese engineering giant and hundreds of Chinese workers.

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Russia China Investment Steel Industry
BRICS in Global Financial System: The Need to Level the Playing Field

By Aleksei Kuznetsov

The nations of BRICS have repeatedly called for the enhancement of their role and status within the current global financial system, which was long overdue. In this vein, the declaration of the 11th Brazil Summit held in November 2019 expressed disappointment of BRICS leaders...

Russia Currencies BRICS China SWIFT Finance Financial System Industry