Group 1 - The seminar "BRICS 2025: Strategic Cooperation in a Multipolar World" was held in São Paulo, focusing on the leadership role of BRICS nations in global governance and the potential for deeper collaboration between China and Brazil in areas like digital economy and green energy [1] - The Chinese Consul General in São Paulo emphasized the importance of BRICS as a leading force in global governance reform, expressing China's willingness to strengthen strategic cooperation with Brazil under the BRICS framework [1] - The seminar highlighted the accelerating trend of de-dollarization, with countries like China and Brazil exploring local currency settlement mechanisms to enhance financial autonomy and risk resilience [2] Group 2 - The use of direct settlement in local currencies, such as the Chinese yuan and Brazilian real, is expected to bring multiple benefits, including reduced transaction costs and improved negotiation power in international trade [2] - Chinese Agricultural Bank representatives noted the increasing attempts at local currency settlement in sectors like electricity, agriculture, and manufacturing, with a commitment to support Brazilian enterprises through yuan financing [2] - The New Development Bank (NDB) is increasing the proportion of local currency loans for infrastructure projects among BRICS countries, which aids in mitigating exchange rate volatility and promotes financial integration [2]
【环球财经】金砖多极合作谋新局 中巴金融伙伴关系添动能
Xin Hua Cai Jing·2025-07-28 05:49