Follow us on:   
Home » Archives by category » BRICS Business (Page 2)

China rail giant acquires train order from India

China rail giant acquires train order from India

69 train coaches will be produced by CRRC Dalian for subway operations in Nagpur, the largest city in central India.

US trade reviews must follow international law: China

US trade reviews must follow international law: China

Earlier this year in Davos, Chinese President Xi Jinping warned other countries against blindly pursuing their national interests.

Ratings downgrade looms after South African cabinet reshuffle

Ratings downgrade looms after South African cabinet reshuffle

The new Finance Minister is 45-year-old Malusi Knowledge Nkanyezi Gigaba, previously Minister of Home Affairs.

South Africa current account deficit narrows to 1.7% of GDP in Q4 2016

South Africa current account deficit narrows to 1.7% of GDP in Q4 2016

A current account deficit implies that the country’s domestic production is unable to keep pace with domestic demand.

OPEC, oil producers could extend cuts for six months

OPEC, oil producers could extend cuts for six months

Oil experts say delays to make such a move, however, will likely bring oil prices further down.

Australia, China to protect globalization

Australia, China to protect globalization

Chinese Premier Li Keqiang is on a state visit to the Australian capital Canberra.

Alibaba Group expands hub into Malaysia

Alibaba Group expands hub into Malaysia

This will function as a centralized customs clearance, warehousing, and fulfillment facility for Malaysia and the region.

Russian arms more lucrative since Syrian crisis

Russian arms more lucrative since Syrian crisis

Russia was the second largest weapons exporter accounting for 23 per cent of all global arms sales in 2016.

China set to hasten process of approving foreign drugs

China set to hasten process of approving foreign drugs

India and China are expected to consume medicines at a faster rate than any other country over the next five years.

S&P sees ‘better’ growth in BRICS in 2017

S&P sees ‘better’ growth in BRICS in 2017

But political tensions in South Africa could derail the government's economic growth plans, experts say.