The Belt and Road Initiative (BRI) Ten Years of China s Infrastructure Development in Africa and the Middle East iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
Moscow, Oct 23 (Prensa Latina) In a recent interview, Russian economist and politician Servei Glazyev said that a BRICS global trade currency is “inevitable” amid the current economic landscape. Indeed, Glazyev discussed the idea of one alliance-wide unit for intentional trade. Moreover, the idea has remained a point of emphasis for the bloc for much of the year
China News: China has been adopting a softer approach towards the world, releasing an Australian journalist from prison, inviting the US military to a defense for
China holds 17.7% of the world's total wealth, the second largest share held by any country. It has the world's largest banking sector, with assets of US$40 trillion and the world's top 4 largest banks all being in China. In 2019, China overtook the United States as the home to the highest number of rich people in the world, according to the global wealth report by Credit Suisse.