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Experts says the two countries should more efficiently promote common interests in the international arena.
Jiechi noted that BRICS countries share identical or similar views and propositions in international affairs.
Russian banks are heavily exposed to Cyprus risk with around $12 billion on deposit with Cypriot banks.
Economists warn, however, that the recovery could be offset by inflationary pressures.
Here is your guide to the data releases, meetings and other events likely to move BRICS markets in the week ahead.
The Chinese president has promised that 'the great cause of socialism' will benefit everyone in China.
The report advised that India’s manufacturing sector provide current employees a better work experience.
President Dilma Rousseff has not made any changes to the country's economic team.
The festive time is widely known for its pancakes, songs, carnivals and the burning of scarecrows.
China's president will meet the Indian prime minister at the BRICS Summit later this month.
