The Beijing Hour

Chinese FM calls on BRICS to stand up against protectionism

Apr 29, 2025
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INSIGHT

BRICS' Stand Against Protectionism

  • Chinese Foreign Minister Wang Yi urged BRICS countries to defend multilateralism and reject protectionism.
  • The group aims to enhance cooperation, expand membership, and influence global governance reforms.
INSIGHT

BRICS as Global Economic Force

  • The BRICS bloc represents nearly half the world's population and 40% of global GDP.
  • If BRICS commits to openness, it can preserve globalization and free markets against U.S. trade wars.
ANECDOTE

Brazil's Beef Opportunity Post U.S. Ban

  • Brazilian beef producers see opportunity as China excludes over 100 U.S. meatpackers.
  • Brazil is ready to expand exports to fill the gap despite logistical challenges.
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