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    Algeria Applies To Join BRICS

    Algeria has reportedly filed an official application to join the BRICS group of major emerging economies. Algerian news website Al-Shouruk said the announcement came from Leila Zerrouki, the Foreign Ministry’s special envoy for international partnerships, speaking on state radio.

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    China Turning Some Belt & Road Loans Into Non-Refundable Grants

    Tanzanian President Visits Beijing, Negotiates Loans Into Grants And Signs Off Additional Infrastructure Deals By Chris Devonshire-Ellis The overlooked, but important recent visit of the Tanzanian President, Samia Suluhu Hassan to Beijing on Thursday (November 3) has given clues as to how China intends to deal with at least some of the debts it has[…..]

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    China’s Belt & Road And Beyond – November 7 2022

    All the latest international news, analysis and opinion from the BRI Compiled By Chris Devonshire-Ellis Analysis & Opinion SCO-CHG: Why Are CPEC And BRI Crucial For Regional Connectivity? (CGTN) China Private Security Companies Making A BRI Killing (ANI) Finance “Global Bankers Are Very Pro-China” – UBS Investment Bank (China Briefing) Why Hong Kong Is Still[…..]

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    China, Pakistan Agree US$10 billion Main Line 1 Railway Link

    Will ultimately connect Kabul to Karachi and give Afghanistan Indian Ocean access   By Chris Devonshire-Ellis   President Xi Jinping has said China will continue to support Pakistan to help it stabilise its economy, as he hosted Pakistan’s new Prime Minister Shehbaz Sharif for discussions.

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    Russia Urges Shanghai Cooperation Organisation To Set Up Joint Payments Network

    Such a move would cut transactional dependence from the West and usher in a new era of reliable business activity  Russian Prime Minister Mikhail Mishustin has proposed setting up a joint payment network within the Shanghai Cooperation Organization (SCO) and has urged member states to speed up the transition to using national currencies in trade.

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    Brazil’s Lula Presidential Victory Likely To Lead To Potential BRICS Expansion

    By Chris Devonshire-Ellis  Luiz Inacio Lula da Silva’s victory in Brazil’s Presidential elections can be expected to help develop ties with both China and Russia. Lula, as he is informally known as, was responsible for ushering Brazil into the BRICS grouping in 2009. More left-wing socialist than his predecessor, Lula also helped develop stronger ties[…..]

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    China’s Huawei Poised To Exit The Russia Market

    Sales to Russia to be picked up instead by distributors, parallel imports and by making Russia-only kit  The Chinese MNC Huawei, a major smartphone and tablet producer, is poised to leave the Russian market – although that doesn’t necessarily mean that Huawei kit will be unobtainable in Russia.

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    China’s Belt & Road And Beyond – October 31 2022

    All the latest international news, analysis and opinion from the BRI Compiled By Chris Devonshire-Ellis Analysis & Opinion 2022 CPC Congress & Implications For The Belt & Road Initiative (Silk Road Briefing) China Manufacturing – What’s Next After Xi Jinping’s CPC Reforms? – Analysis (Silk Road Briefing) As Putin’s War Disrupts Eurasian Railways, China Investigates[…..]

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    China Manufacturing – What’s Next After Xi Jinping’s CPC Reforms? – Analysis

    A complete restructuring of China’s SOEs and Private Sector can be expected to meet the CPC targets with new hybrid models being introduced as unique economic structural solutions    By Chris Devonshire-Ellis   The recent CPC Congress has laid out specific plans for restructuring China’s national manufacturing base in ways that have not been acknowledged[…..]

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    China’s Foreign Trade Up 8.3% In September: Analysis

    A rise in Chinese consumption may be the only bright spot as Western markets tip into recession during Q4 2022 and 2023 China’s General Administration of Customs (GAC) has stated that China’s foreign trade was up 8.3% in September, despite global problems. The GAC noted that China had achieved such growth despite mounting headwinds amid[…..]

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