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IMF Raises Yuan's Weighting in SDR Basket Amid [JPY, EUR, GBP] Weakness, 16 May

BRICS GDP: USD 33.4
ASEAN GDP ...
SCO GDP ...

Foreign Ministry Spokesperson Wang Wenbin's Regular Press Conference on May 20, 2022

Shenzhen TV: Foreign ministers of BRICS countries had a video conference yesterday. Can you share the outcomes of the meeting?
Wang Wenbin: On the evening of May 19, foreign ministers of BRICS countries held a video conference. President Xi Jinping delivered a video address at the opening session of the meeting. He noted that BRICS countries need to increase mutual understanding and trust, tighten the bond of cooperation, and deepen the convergence of interests. He also said BRICS countries should oppose hegemonism and power politics, reject Cold War mentality and bloc confrontation, work together to build a global community of security for all and contribute still more to the lofty vision of building a community with a shared future for mankind.

State Councilor and Foreign Minister Wang Yi hosted the video conference and elaborated on China's position on strengthening BRICS cooperation. He said that BRICS countries should strive to find the common denominator of universal security, strive to draw "concentric circles" for common development, strive to build a firewall for human health and strive to pool positive energy of global governance. We should strive to translate the BRICS spirit of openness, inclusiveness and win-win cooperation into concrete actions, deepen the building of BRICS partnership and inject more BRICS strength into global development. State Councilor Wang Yi stressed that BRICS countries should further strengthen strategic communication and coordination and set an example of political mutual trust, further deepen mutually beneficial cooperation in various fields and set an example of pragmatic actions, and further demonstrate openness and inclusiveness and set an example of strength through unity. ...

climbing up the value chain ...
by Cat on Tue May 24th, 2022 at 11:57:21 PM EST
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