SCO & BRICS latest news and insights
Huawei has achieved a fourth consecutive quarter of growth in profits. In the first three months of 2024, the company's profits reached 19.6 billion yuan ($2.7 billion), representing a 564% increase compared to the same period last year. Sales growth was also impressive, reaching 37% to 178.8 billio...
By Rhod Mackenzie
The US has temporarily allowed transactions with Russian banks, including Sberbank and VTB. Transactions are only possible in the energy sector and will be agreed before 1 November this year. Why did Washington take this decision and how will it affect the market?
The US Treasur...
Not a single high-ranking Chinese official went to the airport to see off US Secretary of State Antony Blinken, who ended his visit to China so ingloriously. What were the key issues that led to the failure of the most important negotiations for Washington? What did Blinken demand from China regardi...
China has expanded its arsenal of defensive trade tools with the introduction of a new law. Beijing has made it clear to its main trading partners, including the United States and a number of European countries led by Germany, that if they introduce tariffs and duties on the export products of the s...
By Rhod Mackenzie
On Friday, Chinese Foreign Minister Wang Yi met with visiting US Secretary of State Antony Blinken in Beijing. During the meeting, Wang highlighted that while there has been an increase in positive interactions in the bilateral relations, there are also negative factors that are...
Washington will continue to impose sanctions against the Russian energy sector and related infrastructure, according to a statement released by US Deputy Energy Secretary Geoffrey Pyatt on Tuesday.
“We will continue to tighten the screws and continue to impose sanctions on a wide range of companies...
