| Follow us on:
|
Finance Minister Henrique Meirelles said that GDP will jump considerably in Q1 next year.
Growth in the second half of the year will largely depend on a continued rise in exports.
Rosneft and CEFC China Energy Company have inked a cooperation agreement for joint energy exploration in Siberia.
In the past 10 years, BRICS combined GDP has grown by 179%, the Chinese President said.
"NDB signifies developing countries’ coming of age and reflects their aspirations to stand on their own feet."
India's gross domestic product grew 5.7 per cent in the latest quarter.
Government initially pegged 4-5 trillion rupees not to return.
“The US investigation of China based on domestic laws sabotages the existing international trading system," a Commerce Ministry spokesperson said.
Chinese economic growth averaged 10 per cent for three decades through 2010 after opening up in the late 1970s.
China has signed currency swap agreements with 22 countries and regions along the Belt and Road.
