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Of countries, developing countries, called the brics nations, including brazil, russia, china, india. and this bank essentially funds infrastructure projects and other kinds of projects in these developing economies and president lula has already commented that this offers an alternative to the more established banks and financial institutions, perhaps referring to the world bank and the imf, offering an alternative for developing nations. it seems already he is keen to put the line that developing nations, china, brazil, india have an outlook, a development path which is different to western ...

“p the new development bank, a bank set up by the new development bank, a bank set up by a group of countries, developing countries, including brazil, russia, china and india. this bank essentially funds infrastructure projects and other kinds of projects in these developing economies. president lula has already commented that this offers an alternative to the more established banks and financial institutions, perhaps referring to the world bank and the imf. offering an alternative for developing nations. already, he is keen to push the line that developing nations, china, brazil, india, hav...

And financial institutions. perhaps referring to the world bank in the imf, offers something alternative for developing nations. so it seems already he's keen to push the line that developing nations china, brazil, india have an outlook, have a development path which is different to to western nations. the economy failed to grow in february despite hopes that it might expand slightly for stop new figures from the office of national statistics suggests that that in the uk services sector partly because of recent strikes offset what growth that there was which came in construction and retail. ou...

Criticism that the president is somehow soft on china the balloon interaction. are you sensing that. >> i can't say that i sense that they are sensitive i think they don't want to give that impression. i mean i don't think they want to give that i am pressure. we all know looking into the next presidential campaign it's going to be a big issue on the campaign trail. former president trump made a big issue in 2016 will make it a big issue again in 2024. and the biden administration and president biden knows that and that's not the only care about it. china sees as a threat. >> bret: to that poi...

NAIROBI, Oct. 19 (Xinhua) -- A Kenyan expert has hailed China development path that is innovation-driven, which has also injected momentum into the global econo