This autumn will be the 17th anniversary of the BRIC acronym, which I mentioned in an article titled "The World Needs Better Economic BRICs".
As a multilateral cooperation platform for Brazil, Russia, India, China and South Africa, BRICS has become an active player in global governance. The 10th BRICS summit in Johannesburg, South Africa, from July 25 to 27 is significant, because it brings together the leading emerging economies which are committed to safeguarding and promoting globalization and free trade amid growing unilateralism and trade protectionism in many parts of the world.
President Xi Jinping's upcoming visits to the United Arab Emirates, Senegal, Rwanda, South Africa and Mauritius will enhance China's bilateral ties with these Middle East and African countries, and his scheduled attendance at the 10th BRICS summit from July 25 to 27 in Johannesburg will send an unmistakable message to the outside world that China remains committed to deepening cooperation with emerging markets.
The tariff-reducing deal signed by the European Union and Japan on Tuesday that marks a major trade liberalization step that will have a profound bearing on the global trade regime.
THE EUROPEAN UNION and Japan signed a free trade agreement on Tuesday that is due to come into effect next year, according to which the EU will exempt 99 percent tariffs on imports from Japan, and Japan will eliminate 94 percent of tariffs on imports from the EU in 15 years. Beijing News comments:
REPORTEDLY, about 230 skyscrapers will be finished this year around the world, with more than 60 percent of them in China. Changjiang Daily comments:
SOME DIABETES PATIENTS inject insulin themselves at home. How do they dispose of their medical waste? Gmw.cn comments:
Amid the escalating trade tensions and rising wave of unilateralism and protectionism, the 10th BRICS Summit in Johannesburg, South Africa, on July 25-27 will serve as a strong forum to help further improve global governance, and add some certainty and positive energy into international relations.
Editor's note: US President Donald Trump initially said his summit meeting with Russian President Vladimir Putin in Helsinki, capital of Finland, on Monday was a "success". But under tremendous domestic pressure, a day later he reversed his denial of Russian meddling in the 2016 US election. Two experts share their views on US-Russia relations with China Daily's Pan Yixuan. Excerpts follow:
As someone who keeps a close eye on US politics, I have long found the Sinophobia among American politicians "absurd" and "disgusting". US presidential campaigns have often displayed the obsession of politicians to make China their favorite bogeyman.
ON MONDAY, the National Bureau of Statistics released data about China's economy in the first half of the year, which shows the urban unemployment rate has been lower than 5 percent for three successive months. Ifeng.com comments:
|
|
|
|
|
|
|
|