Chinese President Xi Jinping emphasized strengthening China-Europe ties as key to global stability. He highlighted cooperation in areas like green tech, digital economy, and sustainable development. With growing economic interdependence, China aims to deepen dialogue with Europe on global issues. Chinese President Xi Jinping emphasized the importance of deepening China-Europe cooperation during a speech addressing […]
China is accelerating its innovation strategy by investing heavily in advanced technologies like 6G, AI, and quantum computing. Provinces like Zhejiang are leading regional efforts, aligning private sector agility with national goals. This innovation-driven growth is attracting global companies and boosting opportunities in emerging industries. BRICS bridge- China is intensifying its efforts to integrate technological […]
China has shifted its soybean imports to Brazil, purchasing at least 2.4M tons this week amid rising trade tensions with the US. The move has alarmed American farmers who fear losing their largest export market. As the harvest season nears, concerns grow over the long-term impact on the US agricultural sector. Brics bridge- Chinese companies […]
The U.S. imposed new tariffs on Brazilian steel and other imports, triggering diplomatic tensions. Brazil prioritized direct talks with Washington while exploring alternative trade partners like the EU and Mexico. The move marks a broader shift in Brazil’s trade strategy to reduce reliance on the U.S. Following the Trump administration’s decision to impose heavy tariffs […]
China has expanded its instant tax refund service nationwide, allowing foreign tourists to receive refunds immediately after purchases. The new policy streamlines the refund process, aiming to boost inbound tourism and consumption. Experts say it will enhance China’s tourism appeal and support economic growth. BRICS bridge- China has expanded its instant tax refund service for […]
The ongoing nuclear negotiations between Iran and the United States are set to shape not only the Middle East but also global power dynamics. If successful, the lifting of sanctions could attract Western investment into Iran’s industrial sectors, potentially challenging China’s dominance in manufacturing and altering global supply chains. For BRICS countries, Iran’s return to […]
China exported over 6.4 million vehicles in 2024, marking a 22.8% increase and cementing its position as the world’s top auto exporter. New energy vehicles led the surge, surpassing 2 million units, with strong demand in Europe and Southeast Asia. Despite global challenges, Chinese automakers are expanding abroad, backed by policy support and growing brand […]
The 2025 China Development Forum brought together top global executives and Chinese leaders to discuss innovation, growth, and international cooperation. Highlighting technologies like the AI model DeepSeek, the forum emphasized China’s transition into a global innovation hub. Despite global protectionism, multinational firms reaffirmed their confidence in China’s market and its role in global stability. BRICS […]
China has imposed 84% retaliatory tariffs on US goods following President Trump’s move to raise tariffs on Chinese imports to over 100%. In addition, China restricted 12 US firms and sanctioned six others, as the EU also joined with countermeasures. Despite rising tensions, Beijing signaled openness to negotiation while global markets reacted with sharp volatility. […]
Brazil has officially begun the 2025/26 sugarcane crushing season, with output in central and southern regions expected to remain high at 42 million tons. Despite past fluctuations due to weather and production strategies, sugar production has steadily recovered in recent years. Continued stability will depend on climate conditions and the balance between sugar and ethanol […]
India is launching a $1.24B AI mission to build one of the world’s largest compute infrastructures with 18,693 GPUs and support domestic semiconductor production. It’s also developing indigenous AI models and open data platforms to fuel innovation across sectors like healthcare, education, and agriculture. With top global AI skill penetration and rapid GenAI growth, India […]
The recent escalation in trade tensions between the United States and China—centered on U.S. tariffs targeting key Chinese industries—has gone beyond a bilateral dispute, affecting global markets, supply chains, and investment flows.In response, China has focused on boosting economic self-sufficiency and expanding trade with emerging economies, particularly BRICS nations.Experts believe this shift presents both opportunities […]
