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TOPIC

Brics

Brics
Brics (an acronym for Brazil, Russia, India, China and South Africa) refers to an association of 10 leading emerging markets. The other member states are Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates.
A databoard at the offices of the Brazilian Institute of Geography and Statistics in Rio de Janeiro. Photo: Handout
Diplomacy

Brazilian data partnership with China draws criticism from former officials

‘China is not a model for statistical openness,’ says Martha Mayer, ex-research director at Brazilian Institute of Geography and Statistics.

Malaysia

My Take | From Russia with love: Anwar’s geopolitical play leaves a confusing trail

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China's military weapons

Will Brazil leader’s Beijing trip herald greater Chinese defence role in region?

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US-China relations

Outside In | China’s message on trade deals is clear: multilateral is the only way

The choice of the Swiss city of Geneva for US-China negotiations was telling, and the breakthroughs achieved are only the start of a long process.

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US Secretary of the Treasury Scott Bessent speaks to Chinese Vice-Premier He Lifeng in Geneva, Switzerland, on May 10. Photo: Handout via Reuters
China-Africa relations

China on African charm offensive to rally opposition to ‘bullying’ US

While Trump targets critical minerals and specific nations, China expands influence through bilateral and multilateral engagement: analyst.

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US-China relations

Opinion | Thanks to Trump, China has the cards it needs to win the trade war

Trump’s actions have left nations feeling betrayed while accelerating China’s self-sufficiency. These, plus Beijing’s rare earth dominance, could spell victory.

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US-China trade war

How Trump’s tariff chaos is bringing China’s ‘trade circle of friends’ closer

Washington’s hardline approach is likely to boost Beijing’s ties with Brazil and Latin America in general, according to analysts.

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Illustration: Henry Wong
Diplomacy

Meeting in Brazil, Brics foreign ministers fail to issue joint statement

Objections to expansion of UN Security Council by new, African members overshadowed consensus on ‘protectionist’ trade measures.

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Diplomacy

Brics foreign ministers tout multilateralism amid US trade policies

Bloc anchored by China, Russia, India and Brazil expected at summit to criticise ‘unilateral measures’ in response to Donald Trump’s tariffs.

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US-China relations

Brics countries eye mechanism to help global economy: Brazilian official

Plan would follow World Bank agency’s guarantee model and help developing nations lure foreign direct investment amid Trump’s US tariffs.

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Brazilian President Luiz Inacio Lula da Silva (at centre microphone) speaks during a Brics meeting in Brasília in February. The South American country holds the bloc’s rotating presidency in 2025. Photo: dpa
Diplomacy

Opinion | Will Trump’s chaos galvanise the Global South?

With trust in Western-dominated institutions waning, the Global South is rallying for a new order that reflects its diverse voices.

Turkish President Recep Tayyip Erdogan gives a speech during the opening ceremony of the Antalya Diplomacy Forum in Turkey on April 11. Photo: DIA/AP
Indonesia

From Bandung to Brics: Indonesia’s evolving quest for Global South autonomy

Seven decades after hosting a summit that birthed the Non-Aligned Movement, Indonesia prioritises pragmatic ties over grand gestures.

China trade

Brazil briefly has trade deficit with China before ending quarter with surplus

The deficit, which hit $3.2 billion in February, is largely attributed to surge in Chinese imports, including solar panels.

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Diplomacy

Opinion | As US retreats, Asian powers can reshape world order to meet their needs

Global South countries, tired of bearing the costs of globalisation, are asserting their economic visions.

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Illustration: Craig Stephens
US-China trade war

China, Brazil to discuss farm exports amid US tariff escalation with Beijing

Agriculture officials from the nations gather as US-China tariff wars prioritise Beijing’s need for alternative sources of soybean and beef.

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A combine harvesting soybeans on a farm in Rio Grande do Sul, Brazil on April 4. Photo: Reuters
United States

Macroscope | Trump is crashing the global system that crowned the dollar king

Tariff shock, loss of confidence in the dollar, stock market trauma and a widespread feeling of affront will only quicken de-dollarisation.

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India

Opinion | How India’s diplomatic gamble with the US failed to pay off

The Trump administration has not spared India from tariff war escalations, and New Delhi is struggling to hedge beyond the US.

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China economy

Opinion | Trump’s targeting of China will only spur its economic recovery

Trump’s policies are repelling nations and academics, helping China deepen trading ties and attract talent even as the US heads towards recession.

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Illustration: Craig Stephens
Banking & finance

Macroscope | World is ready to cut US dollar down to size – but not too quickly

The US dollar is too central to the global financial system for the so-called Mar-a-Lago Accord to find traction outside the US. But the search is on for alternatives.

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United States

Opinion | Only a global ‘de-risking’ from the US can stop Trump’s trade war

A unified response is essential. Operating independently would only play to Trump’s advantage, and render nations vulnerable to his bullying.

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Business of climate change

Brazil criticises developed countries for ‘no interest’ in helping others

Energy minister makes comments in the run-up to a meeting of Brics energy ministers in Brazil’s capital.

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Brazil’s Energy Minister Alexandre Silveira chairs the Brics Energy Working Group in Brasília this week
Donald Trump

‘De-dollar’ diplomacy: Brics focus on alternative currency stirs Trump’s ire

What Trump threats against challenging the US dollar’s global primacy could mean for the future of Brics and its member nations.

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Illustration: Davies Christian Surya
US-China relations

Opinion | The US-China Thucydides Trap is by no means a foregone conclusion

Instead, it’s a call to action. From helping mediate in Ukraine to investing in the US, China may yet defy historical negative trends.

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Not anti-western but ‘non-Western’: Brics urged to jointly face external shocks

Global South grouping just seeks ‘just and reasonable post-Western order’, Shanghai Institutes for International Studies report says.

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China-India relations

Brics nations divide on US dollar replacement with India declaring ‘no interest’

Bloc ‘has not formed a unified position’ on proposals to end reliance on the currency.

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Indian Foreign Minister Subrahmanyam Jaishankar has described the US dollar as a “source of international economic stability” at a meeting in London. Photo: DPA
US-China relations

Opinion | Trump a bigger threat to US dollar than China, ex-senior economics officials say

White House brings ‘budgetary chaos with extraordinary speed’, potentially triggering a fiscal crisis and run on US Treasuries market.

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China has indeed been strategically reducing its US Treasuries holdings. Photo: Reuters
US-China relations

Editorial | Wang offers stability to world at time of growing uncertainty

Foreign minister makes it clear China is a responsible power, champion of the global order and willing to cooperate against risks.

Diplomacy

Opinion | China is ready to be an anchor in a brave new multipolar world

What seems clear from Munich Security Conference talk is an evolution towards a pluralistic world order. We need an effective governance framework.

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