BEIJING: Torrential rain and landslides in China's coastal provinces of Guangdong and Fujian have killed nine people and left 17 missing, state media and local authorities said on Monday (June 17).
CAIRO, Jan. 7 -- The historic expansion of BRICS to include five new members helps create a more balanced global economy and push for further development of the Global South, an Egyptian economist has told Xinhua in a recent interview.
With the new members, BRICS would also contribute to counterbalancing the Western hegemony in the global economy, said Helmy, also secretary-general of the Cairo-based Egyptian-Chinese Chamber of Commerce. "This is the philosophy of BRICS and its founding members," he said, adding that he expected more countries to apply for BRICS membership in the future.
As far as Egypt is concerned, Helmy believed that joining BRICS"opens vast economic horizons" for the most populous Arab country as it is working hard to localize modern technologies and industries as part of its sustainable development goals.
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