Chinese President Xi Jinping arrived in Fortaleza, Brazil on Monday for a summit of the BRICS countries.
The sixth summit of the BRICS, which consists of Brazil, Russia, India, China and South Africa, will be held in Brazil from Tuesday to Wednesday.
Leaders of the five major emerging economies, known as BRICS, are expected to inaugurate a development bank and a currency reserve fund at their annual meeting, marking the first concrete step to expand the group’s influence.
Chinese President Xi Jinping left Beijing Sunday morning for State visits to four Latin America countries, a trip largely expected to upgrade economic and diplomatic ties and balance US influence in its own backyard.
Chinese President Xi Jinping left Beijing on Sunday morning for state visits to Brazil, Argentina, Venezuela and Cuba.
Indian Prime Minister Narendra Modi will leave for Brazil Sunday to attend the BRICS Summit, sources said Saturday.
Visiting Russian President Vladimir Putin said Friday that Russia and Cuba are creating new conditions for the development of their relations.
Chinese President Xi Jinping will stop off in Greece on his way to South America next week, China’s foreign ministry said Friday, the second high-level visit to the southern European country in a month.
Russia plans to establish an energy association within the BRICS countries, the Kremlin said Thursday.
World Bank President Jim Yong Kim said on Tuesday that the proposed Asian Infrastructure Development Bank (AIIB) and the BRICS Development Bank are new forces for battling poverty and bringing shared prosperity globally.
World Bank Group President Jim Yong Kim on Tuesday welcomed a new multilateral infrastructure bank proposed by China, saying there was a “massive need” for new investment.
China expects positive results from the coming summit of BRICS leaders, Vice Foreign Minister Li Baodong said at a press briefing on Monday.