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Broad consensus reached in BRICS meeting, offering pro-development stability amid US-led bloc politics

A day before US President Joe Bidens Asia trip, a 25-pronged joint statement was finalized at the BRICS foreign ministers meeting Thursday night Beijing time, which includes consensus on increasing the role of emerging economies in inclusive global governance, support for Russia-Ukraine negotiations, counterterrorism and arms control, as well as the possible BRICS expansion.
United States South Africa South Korea South African Subrahmanyam Jaishankar Naledi Pandor

BBCNEWS Dateline London June 4, 2024 18:53:00

British in their mentality and they are very strongly democratic. how can they possibly come to terms with the close relationship with a state as a totalitarian country? it could be done but it would be very uncomfortable politically and culturally. i uncomfortable politically and culturall . ~ uncomfortable politically and culturally-— uncomfortable politically and culturall . ,, . �*, ., ., culturally. i think thats one of the big themes _ culturally. i think thats one of the big themes of...
Australia States In Ukraine Workjob Donald Trump Big Themes Of The Last Terms Of Trade Hit China

Offline trading, other transactions returning to nation's financial hub

While major trading venues and financial institutions have maintained operations with various digital solutions during the latest COVID-19 outbreak in Shanghai, offline services will return soon as the epidemic comes under better control, local industry insiders said on Wednesday.
Shanghai Municipal Financial Regulatory Bureau Goldman Sachs United Overseas Bank Shanghai International Energy Exchange Shanghai Stock Exchange Shanghai Financial Association

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BRICS urged to boost national currency settlements to counter US' abuse of dollar hegemony

As foreign ministers of the BRICS countries (Brazil, Russia, India, China and South Africa) were set to meet via video link on Thursday, Chinese experts called on the countries to work jointly to counter the US’ increasingly reckless abuses of its dollar hegemony that hurt the bloc and the broader developing world.
Chen Jia United States South Africa Zhou Maohua Cao Yuanzheng Wang Yi

'Foreign capital withdrawal' theory highly exaggerated

Given the Chinese economy's development, there is no fear of a large-scale withdrawal of foreign capital from the country as some Western media outlets claimed. As one of the production factors, capital seeks profit, and the inflow and outflow of capital often acts as a barometer of economic vitality, potential and development.
Republic Of Economic Commission Lianyungang Port East China Central Financial

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