SCO & BRICS latest news and insights
By Ali Kareem Ozheb
2023 has seen the announcement of a spate of invitations for potential accessions to BRICS—an emerging economic and geopolitical bloc currently comprising Brazil, Russia, India, China, and South Africa. On the heels of this, a number of other countries are also looking to join....
By Paul Goncharoff
With all the geopolitical and economic upheavals happening on what seems an accelerated daily basis, often important details get lost in the urgency of other events. Over the past weeks we have seen BRICS steadily growing, and just the Belt & Road forum has shown clear, goal dri...
By Rhod Mackenzie
The Chinese economy is projected to grow by 5.4% in 2023 due to a robust recovery from the pandemic, but is expected to slow down to 4.6% in 2024 due to issues in the real estate sector and weakening external demand, as per a report by the International Monetary Fund (IMF). The r...
By Rhod Mackenzie
During January-October 2023, China recorded a 5.6% reduction in exports and a 6.5% decrease in imports, as per data released on Tuesday by the General Administration of Customs of the People's Republic of China.
China's exports during the reporting period in annual terms declin...
By Rhod Mackenzie
During January-October 2023, China experienced a 14.5% surge in oil imports and an 8.8% increase in natural gas imports, as per the General Administration of Customs of the People's Republic of China's Tuesday report.
During the reported period, China imported 473.21 million ton...
By Rhod Mackenzie
Trade turnover between Russia and China in January-October increased by 27.7% year-on-year to reach $196.48 billion. The General Administration of Customs of the People's Republic of China (PRC) reported this on November 7.
As per published data, exports from China to Russia gr...
