September 04 06:28
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- China Earmarks 500 Million Yuan for BRICS Economic and Technological Exchanges
China will set aside 500 million yuan ($76 million) for economic and technological exchanges among Brazil, Russia, India, China, and South Africa, Chinese President Xi Jinping announced Monday during the BRICS Summit in Xiamen, Fujian province.
China will also offer $4 million to the New Development Bank, also known as the BRICS Development Bank, for the bank’s operation and future development, Xi said.