BRICS+ : 34 countries curious in membership

chiny24.com 1 year ago

BRICS+ attractiveness is growing

The Minister of global Relations and Cooperation of South Africa at a press conference stated that 34 countries had submitted written requests to join the BRICS+ cooperation mechanism. He besides stated that 1 of the priorities of the BRIC+ members' work this year will be to extend the usage of national currencies in common economical relations and in global financial markets.

The BRIC forum was established in 2010, founded by Brazil, Russia, India, China, to which South Africa joined a year later. Then the format changed its name to BRICS.

Since January this year, 5 more countries have joined this group: Saudi Arabia, Egypt, the United arabian Emirates, Iran and Ethiopia. Thus, this block became an awesome economical group. BRICS+ is:

45.78% of the planet population,
36% of global GDP (adjusted for purchasing power parity),
26% of global exports.

For comparison, G7 countries (USA, Canada, France, Germany, Italy, Japan and the United Kingdom) are 10% of the Earth's population, 29% of global GDP and 28% of global exports.

This year, Russia is leading the group. Another summit of BRICS+ leaders will take place on 22-24 October in Kazan. There is so an chance for BRICS+ to become BRICS++.

Source:

news.sohu.com
zhuanlan.zhihu.com

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Chinese cosmetics get Asia

This success is primarily due to the fast improvement of cross-border e-commerce and competitive prices. Chinese cosmetics exports to South Korea increased by nearly 200% last year, or 3 times more than in 2022. Exports to Japan in 2023 increased by 80% year-on-year. Chinese cosmetics sales to Southeast Asian countries besides increased. Six countries of the region, namely Indonesia, Malaysia, Philippines, Thailand, Singapore and Vietnam, imported full cosmetic products from China with a full value of USD 489,6 million (about PLN 1.94 billion). This is simply a 38% increase compared to 2022.

Chinese cosmetics besides get global markets. According to authoritative data, in 2023 cosmetics worth about USD 7.6 billion (about PLN 30.09 billion) were exported from China, i.e. twice as much as a decade ago. This was possible thanks to the popularity of specified celebrated Chinese e-commerce platforms as Shein, Temu, AliExpress or TikTok Shop.

In South Korea, the most popular platforms of Chinese e-commerce are Temu and AliExpress, with 26% marketplace share. Promotion and advertising of Chinese-style makeup and skin care products (more mature and "decent" compared to local competitors) play a major function in acquiring markets. An crucial origin that attracts abroad customers to Chinese cosmetics is the price – more affordable, especially for young people, than those produced in a given country. Simple Chinese method for getting customers – a good product at a good price.

Source:

sohu.com
baijiahao.baidu.com

QueQiao-2 in Moon orbit

The second Chinese satellite was placed in orbit around the lunar orbit. The first, named QueQiao-1 (chin. 鹊桥一号), was launched in 2018, and was to work on the invisible from Earth side of the Moon for 5 years. and the operating time had been provided for 5 years. QueQiao-1 was the first telecommunications satellite placed over the "dark side" of the Silver Globe.

QueQiao-2 (chin. 鹊桥二号) is 1 3rd heavier than its predecessor. According to the Chinese National Space Administration (CNSA, chin. 中国国家航天局), the satellite is expected to act as a communication bridge between Earth and planned missions on the invisible side of the Moon.

The first test of the operation of the satellite will be the mission of Chang’E-6 (chin. 嫦娥六号), planned for May, to take samples from the dark side of the Moon and bring them to Earth.

QueQiao-2 will besides be utilized for communication during the Chang’E-7 lunar mission (chin. 嫦娥七号) in 2026 and Chang’E-8 (chin. 嫦娥八号) in 2028.

By 2030, QueQiao-2 will be part of a communications satellite constellation that will supply communications, navigation and distant sensing support for manned lunar missions and exploration of another planets specified as Mars and Venus.

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