Chinese perspectives on 21st century socialism How to Break the Vicious Cycle of Underdevelopment in the Global South A contemporary Chinese saying goes, ‘In 1949, socialism saved China. In the twenty-first century, China will save socialism’. In a 2018 speech to incoming members of the Central Committee, Chinese President Xi Jinping (习近平) recalled that, after the collapse of the Soviet Union, ‘had socialism failed in China […] then global socialism […]
Russia to double renewable generating capacity to 12 GW by 2030 and will seek the formation of a BRICS Alliance on Climate Goals. MENAFN news agency reports that Russia has expressed its intention to form a united front with BRICS nations on global climate issues following the conclusion of the COP28 negotiations in Dubai. The BRICS group, consisting of Brazil, Russia, India, China, and South Africa, will expand in two weeks […]
The BRICS heavyweights – China, India, Brazil and Russia – are among the top 20 climate finance providers globally Why China and some other ‘developing’ countries including India, Brazil, Russia, Indonesia and Mexico are already among the largest climate-finance contributors. With UN climate negotiations just finished at COP28 in Dubai, United Arab Emirates (UAE), climate finance has once again been one of the key issues countries have been clashing over. The recently […]
The Polar Silk Road and China’s Arctic Policy The territory of the BRICS nation Russia, covers around 53% of the total Arctic Ocean coastline. In the last few years the warming climate has been melting the sea-ice caps and has made parts of this patch of ocean available for shipping navigation the first time in human history. The Northern Sea Route is being developed by Russia, involving projects costing hundreds of […]
Venezuela, China, Russia – BRICS and the Shifting Landscape in International Relations On August 3rd, 2023, Venezuela officially applied to join the BRICS alliance, signaling a significant shift in its international relations strategy. This move is viewed as a strategic response to U.S. sanctions, aiming to build stronger ties with nations beyond the traditional Western allies. The implications of this decision, coupled with Venezuela’s foray into digital currency, are reshaping […]
In September 2023, Venezuelan president, Nicolas Maduro was on a state visit to the People’s Republic of China. He met with China’s President Xi Jinping, and both agreed to strengthen the relationship of their countries to the level of ‘all-weather strategic partnership’. This was the culmination of a relationship that began with president Hugo Chavez’s first visit to Beijing in 1999, the very first year of his presidency. Venezuela joined […]
Nigeria’s foreign minister, Yusuf Tuggar, said that his country intends to become a member of the BRICS group of nations within the next two years. Tuggar added that the move is part of the Nigerian government’s efforts to ensure representation and influence on the global stage and that the West African nation is open to joining any alliance that has constructive, well-defined goals, according to the outlet. “Nigeria has come of age to decide […]
Over the past decade or so, China has also been working hard to promote cooperation with Southeast Asian countries, and China’s Belt and Road Initiative has become an important platform connecting various Southeast Asian countries. Through the Belt and Road Initiative, China has invested in and constructed a large number of infrastructure projects in Southeast Asia, among which the Jakarta-Bandung High-Speed Railway and the China-Laos Railway are among the most […]
Off-grid solar systems present a valuable alternative for Nigerians affected by frequent blackouts. Nigeria has the largest population in Africa – 224 million people, placing it sixth in the world, just behind Indonesia and Pakistan, and more than the combined populations of Germany, France and the UK. Most Nigerians living in cities experience frequent power cuts, while three-quarters of rural Nigerians remain without access to electricity at all. One solution to this […]
Recently, China’s largest electric vehicle battery manufacturer, CATL (Contemporary Amperex Technology Co. Limited), reached an agreement with Hungary to build a battery factory worth 7.34 billion euros. This is the largest-scale investment ever obtained by the country and will become the largest battery factory in the region once completed. Why did China award such a large order to Hungary? Located in Central Europe, Hungary is currently a member of the […]
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