East China’s coastal city of Xiamen in Fujian Province saw its foreign trade with BRICS countries jump 57.3 percent year on year to 24.77 billion yuan (about 3.6 billion U.S. dollars) in the first quarter of 2023 Continue…
BRICS is an informal group of states comprising the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People’s Republic of China and the Republic of South Africa. The growing economic might of BRICS countries, their significance as one of the main driving forces of global economic development, their substantial population and abundant natural resources form the foundation of their influence on the international scene.