Hey there, globe-trotters! 🌏 Ever wondered how the future of the Global South is shaping up? Well, China's got some big moves that are making waves! 🌊
Let's talk about the BRICS gang – that's Brazil, Russia, India, China, and South Africa, in case you didn't know. These powerhouse countries teamed up to create the New Development Bank (NDB) back in 2014. 🏦 What's so cool about the NDB? It's all about pumping funds into infrastructure and green projects, not just in BRICS nations but across emerging markets and developing countries. Talk about global BFFs! 🤝
Based in the bustling city of Shanghai, the NDB has greenlit over 100 projects by the end of 2023, totaling around $35 billion! 💰 That's a whole lot of moolah going into boosting economies and sprucing up global economic governance. 🌐
But wait, there's more! During the BRICS Plus leaders' dialogue in Kazan, Russia, on Thursday, Chinese President Xi Jinping dropped some wisdom bombs. 💬 \"The collective rise of the Global South is a distinctive feature of the great transformation across the world,\" he said. 🚀 Xi called on countries in the Global South to harness their shared smarts and strength, stepping up to build a community with a shared future for mankind. ✨
It's like the ultimate team-up, and we're all invited to be a part of this amazing journey. So, stay tuned, folks! The future is bright, and the Global South is on the rise! 🌟
Reference(s):
cgtn.com
