BRICS at 20: Can China and the Global South reshape global trade?

By CGTN America

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BRICS seeks to strengthen trade, investment and financial cooperation across the Global South. China has been Brazil's largest economic partner since 2009, accounting for 27.6 percent of Brazilian exports and ranking among the country's biggest sources of foreign direct investment. The BRICS framework, alongside China's Belt and Road Initiative, has helped accelerate development and deepen economic ties across Latin America. CGTN's Sean Callebs spoke with Sourabh Gupta, Senior Asia-Pacific International Relations Policy Specialist at the Institute for China-America Studies, about what the latest BRICS summit means for China-Latin America relations, the Global South, global trade and the future of the international financial system. 0:00 How BRICS can strengthen China-Latin America trade 1:04 Why BRICS expansion matters for China and Latin America 2:05 Can BRICS help countries overcome geopolitical differences? 3:55 China's role in BRICS infrastructure and investment 5:00 BRICS, de

Tags: BRICS, CGTN, Chancay Port, China, Global South, India, Latin America. Brazil, Peru, Russia, bizshow, global trade

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