Category: BRICS bank

New Silk Roads define brand China

Belt and Road Initiative is a strategic axis embodying the organizing Chinese foreign policy concept for the next three decades By Pepe Escobar The New Silk Roads symbolize way more than high-speed rail lines crisscrossing Eurasia, or a maze of highways, pipelines and port connectivity. They represent a Chinese alliance with at least 65 participating … Continue reading New Silk Roads define brand China

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Explaining Turkey’s interest in BRICS

By Altay Atli Recent summit of the leaders of the BRICS countries held in South Africa had a number of guests from non-member countries, evidence for the grouping’s conscious efforts to create an effective mechanism of cooperation with other developing countries. One of these guests was Turkey’s president, Recep Tayyip Erdoğan, who represented not only … Continue reading Explaining Turkey’s interest in BRICS

China builds a wall of BRICS to help counter US trade war barrier

The bloc has now morphed into a key political and economic organization fueled by China’s global expansion drive By Gordon Watts Only the Chinese could turn an acronym into a trading bloc. On Wednesday, the BRICS summit will get underway in Johannesburg and top of the agenda for Brazil, Russia, India, China and South Africa … Continue reading China builds a wall of BRICS to help counter US trade war barrier

China’s $900 billion New Silk Road. What you need to know

Anna Bruce-LockhartEditor, World Economic Forum   You’ve probably heard of the Silk Road, the ancient trade route that once ran between China and the West during the days of the Roman Empire. It’s how oriental silk first made it to Europe. It’s also the reason China is no stranger to carrots. And now it’s being … Continue reading China’s $900 billion New Silk Road. What you need to know

How Russia, China Brought Washington’s Plan to Destabilize Eurasia to a Halt

Although Moscow and Beijing have managed to upset the US plan to disrupt Eurasian economic integration, the US political elite is not going to give up, Ukrainian political observer Rostislav Ishchenko writes for RIA Novosti. He described how Washington might try to ruin the One Belt One Road comprehensive strategy   The Russo-Chinese rapprochement has … Continue reading How Russia, China Brought Washington’s Plan to Destabilize Eurasia to a Halt