China GDP Grows 5.4% Amid US-China Trade War, Beating Expectations

China GDP Grows 5.4% Amid US-China Trade War, Beating Expectations

China GDP Grows 5.4% Amid US-China Trade War, Beating Expectations. The trade war between the United States and China is getting fiercer, but China’s gross domestic product or GDP has actually increased by 5.4%. China’s economic growth occurred amid Trump’s import tariff policy which has shaken global financial markets. Data from the National Bureau of…

Brazilian President Luiz Inácio Lula da Silva Reiterates BRICS Commitment to Dedollarization Agenda

Brazilian President Luiz Inácio Lula da Silva Reiterates BRICS Commitment to Dedollarization Agenda

Brazilian President Luiz Inácio Lula da Silva has reaffirmed BRICS’ commitment to advancing the dedollarization agenda. In a recent statement, President Lula emphasized that under his leadership, the BRICS bloc—comprising Brazil, Russia, India, China, and South Africa—will prioritize the development of a new payment system as a viable alternative to the US dollar. President Lula…