The BRICS New Development Bank is based in Shanghai. Photo: AFP The BRICS New Development Bank is based in Shanghai. Photo: AFP
The BRICS New Development Bank is based in Shanghai. Photo: AFP

BRICS New Development Bank to explore ‘expanded financing channels’

But there are doubts about the bank’s growth prospects since all BRICS members are grappling with economic slowdown or recession

The BRICS New Development Bank is based in Shanghai. Photo: AFP The BRICS New Development Bank is based in Shanghai. Photo: AFP
The BRICS New Development Bank is based in Shanghai. Photo: AFP
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