BRICS can help Global South build “development-chain resilience”: Chinese editorial
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Source: ANI (Asian News International) | Original Published At: 2026-09-11 03:43:52 UTC
Key Points
- A China Daily editorial argues that BRICS cooperation can help Global South economies build development-chain resilience amid geopolitical tensions and protectionism.
- The editorial says BRICS can diversify trade by connecting agricultural producers, manufacturing economies, energy and resource exporters, and large consumer markets.
- It cites BRICS transport minister meetings, the International North-South Transport Corridor, new air and maritime links, and the Xiamen-Durban route as examples of expanding connectivity and customs facilitation.
- The editorial notes that local-currency settlement accounts for more than 65 percent of intra-BRICS trade and 99 percent of China-Russia trade.
- It presents the New Development Bank as a pillar of economic resilience, saying it had approved 141 projects worth $44 billion as of June 2026.
- It highlights BRICS initiatives in digitalisation, smart manufacturing, green development, artificial intelligence, education, governance, and culture, including the China-BRICS Artificial Intelligence Development and Cooperation Centre and the expansion of the BRICS Network University.