China–UAE News
Zimbabwe NDB Admission and BRICS Bid Anchor Trade Ties with China and UAE
Zimbabwe has secured admission as a borrowing member of the Shanghai-headquartered New Development Bank and is preparing to submit instruments for full BRICS membership. China, the UAE, and South Africa account for nearly 90 percent of Zimbabwe's export earnings. Economic analysts cited by The Herald state the move converts bilateral trade ties into a multilateral architecture and opens non-Western credit lines.
