[ad_1]
"There is no winner in the trade war," said Chinese President Xi Jingping at a meeting of the five largest developing countries of South Africa in Johannesburg . The leaders of Brazil, Russia, India, China and South Africa (BRICS) are now planning to conclude their annual summit, where the trade war waged by United States and its possible consequences on the global economy are becoming one of the key issues.
Although Chinese President Xi Jingping did not directly mention the United States during his speech, it is clear that his remarks were against Washington. At the BRICS Summit in Johannesburg, the Chinese leader stressed that protectionist and unilateral actions likely to seriously damage the international trading system are multiplying
. Some economists think that Brazil, Russia, India, China and South Africa have been able to use the current situation in your favor. And even though so far, these five countries have not been able to find a common denominator on many issues, the new Washington policy can unite them. There are also opportunities to promote trade between African countries and the BRICS group. As a result, the presidents of Rwanda, Angola, Senegal and Uganda were also invited to a meeting in South Africa
[ad_2]
Source link
