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Montevideo, November 21st 2018 - 14:34 UTC

Tag: Xi Jinping Brics 2018

  • Friday, July 27th 2018 - 08:45 UTC

    BRICS implicit support for China in its trade dispute with United States

    Trump has already slapped levies on goods from China worth tens of billions of dollars, as well as tariffs on steel and aluminum from the EU, Canada and Mexico

    Five of the biggest emerging economies on Thursday stood by the multilateral system and vowed to strengthen economic cooperation in the face of US tariff threats and unilateralism. The heads of the so-called Brics – Brazil, Russia, India, China and South Africa – met for an annual summit dominated by the risk of a global US- led trade war, although leaders did not publicly mention President Donald Trump by name.

  • Thursday, July 26th 2018 - 05:50 UTC

    China calls on BRICS members to uphold multilateralism and reject protectionism

    Brazil, Russia, India, China and South Africa must jointly reject unilateralism, which “are mounting and pose a severe blow to multilateral trade”, Xi said

    President Xi Jinping called on BRICS members to uphold multilateralism and improve global governance. Trade wars should be rejected because there will be “no winner”, and those who pursue such a course “will only end up hurting themselves,” the Chinese leader said at the BRICS summit in Johannesburg on Wednesday.