BRICS

China’s Industrial Activity Up 7% In January & February 2024

BRICS, China, Economy

Despite general Western negativity concerning China, its industrial activity picked up at the start of the year, according to data from the National Bureau of Statistics. The news is relevant to Russia’s Pivot to Asia as it suggests that inexpensive Russia energy is helping create a boost to China’s manufacturing sector output.   China’s industrial production […]

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Eastern Maritime Corridor Emerges As Russia-India-South Asia Red Sea Alternative

BRICS, Logistics & Transport, Trade

The Red Sea crisis has shifted attention for Russia, India, and South Asia to the potential of the Eastern Maritime Corridor (EMC) – a proposed trade route for shipping coking coal, crude oil, LNG, fertilizers, and goods containers. This new trade route could revolutionize Russian-Asian trade. India’s oil imports reached unprecedented levels in January 2024,

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Russia To Develop Cinematic Film Production With Asian Partners    

BRICS, Foreign Investment, Trade

Russia’s Minister of Culture, Olga Lyubimova has stated (March 13) that numerous Asian countries are interested in developing cinematography together with Russia and conducting joint film production, and that this will be fully supported by the government. Lyubimova said in an interview with the Rossiya-24 that “We have joint production, and have formalized the possibility

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China’s 2M 2024 Foreign Trade Grows Faster Than Expected On Bilateral Trade With Russia

BRICS, China, Trade

The Financial Times has reported that China’s foreign trade grew faster than expected in the first two months of 2024, driven partly by electronics and increased exports to emerging markets and Russia, with Beijing’s foreign minister touting “a new paradigm” in relations with Moscow. China’s total exports rose by 7.1% in January and February compared

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Moscow Exchange Reports Record Transactional Activity by Private Investors in February

BRICS, Finance, Trade

Private investor activity on the Moscow Exchange (MOEX), Russia’s largest stock market, reached an all-time high in February 2024, according to the exchange. A total of 4.1 million individuals conducted transactions on the exchange last month. During this period, they invested 74.2 billion rubles (US$820 million), an 11% increase year-on-year. The vast majority of investments

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Russia Approves “Friendly States” List Of Bankers & Brokers Able To Trade In Forex  

BRICS, China, Finance, Trade

Russia has approved a list of states whose bankers and brokers can now take part in currency trading in Russia. This list of “friendly and neutral” countries allowed to trade on the country’s currency exchange market, was released in early February this year and is exclusive to countries who have not signed up to Western

Russia Approves “Friendly States” List Of Bankers & Brokers Able To Trade In Forex   Read More »

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