Russia and China accelerate economic ties
As BRICS leaders meet in New Delhi, trade between Moscow and Beijing set to hit $100bn in next few years.
Published On 28 Mar 2012
Leaders from five of the world’s emerging economies are meeting in New Delhi, India’s capital, for the latest “BRICS” summit.
The BRICS bloc – Brazil, Russia, India, China and South Africa – collectively represent about 40 per cent of the world’s population and about a quarter of its economic output.
China, the world’s second largest economy, and Russia, have rapidly increased their economic partnerships in recent years.
Trade between Russia and China is expected to hit $100bn as the partnership between the two countries grows.
Al Jazeera’s Melissa Chan reports from Manzhouli, northern China.
Source: Al Jazeera