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Both agree on the importance of free trade and globalization, and strongly oppose protectionist policies.
BRICS members should exert maximum effort to maintain the openness of global economies, China says.
"The Russian economy is now recovering after a nearly two-year-long recession," the ratings agency says.
Currencies and stocks also gained in most of the tracked 26 emerging economies.
Trump's pledge to increase infrastructure spending and lower corporate taxes, has renewed Q4's rally.
In dollar terms, Chinese exports to the US grew by 9 per cent.
India has urgently sought to establish an international credit rating agency to offset biased agendas.
Most are banking on covering capital spending and dividend payouts given prices are at $50 to $55 a barrel.
The Caixin PMI appears to be in tandem with National Bureau of Statistics (NBS) reports on the manufacturing sector.
Voters could punish the BJP which has strongly supported November's demonetization and anti-graft drive.