BRICS can be alternative lender

BRICS can be alternative lender
The BRICS nations – Brazil, Russia, India, China and South Africa – have signed off on a new development bank and reserve fund to provide financing to emerging markets and a counterweight to US dominance of the IMF and World Bank. A summit of BRICS …
Read more on South China Morning Post (subscription)

SA's China trade deficit narrows
South Africa's China trade balance, which includes China trade with Botswana, Lesotho, Namibia and Swaziland, recorded a R192.3m deficit in June after a revised R7.442bn deficit in May, South African Revenue Service (SARS) customs and excise data showed on …