| Follow us on:
|
The second biggest economy in the world has posted better retail sales and factory output in June.
Hungary last month signed an agreement with China officially joining Beijing’s ambitious Silk Road network.
China Customs said that the crisis in Greece was having "a certain effect" on trade.
The group represents more than a fifth of the global economy.
The Russian President, beleaguered by Western sanctions, greeted his BRICS counterparts with a warm welcome in the remote Russian city of Ufa.
The stock market has taken a nose dive over the last month, with the Shanghai Composite Index shedding more than 30%.
The Council was established in 2013 to serve as platform to boost trade between the five countries.
China's stock market has been in a downward spiral since hitting a peak in June, with the benchmark Shanghai Composite Index shedding more than 30%
China is now South Africa's largest export partner.
