BRICS

Industry News

Future Center Assesses BRICS as China’s Strategic Lever in AI Race

An analysis by the Abu Dhabi-based Future Center explores whether China can leverage the expanded BRICS grouping to advance its global artificial intelligence standing. Beijing has proposed initiatives including an open-source AI community, shared cloud infrastructure, and joint capacity building across member states. The assessment highlights opportunities and strategic considerations for member economies navigating global technology competition.

China–UAE News

BRICS Summit Emphasises Multipolarity, Local Currencies, and Payment Interoperability

The 18th BRICS Summit in New Delhi brought together 11 member nations, including China and the UAE, under the theme of resilience, innovation, cooperation, and sustainability. Eurasia Review reports that the bloc prioritised local-currency trade settlements and payment interoperability over creating a common currency. The New Development Bank, with 100 billion dollars in authorised capital, was highlighted as the central vehicle for infrastructure and local-currency financing.

China–UAE News

Analysis Evaluates BRICS Expansion and Multipolar Governance Following New Delhi Summit

An analysis published by Eurasia Review examines the geopolitical and economic evolution of BRICS following the 18th summit held in New Delhi. The grouping now counts 11 members, including China and the UAE, representing major manufacturing, financial, and energy hubs. The author highlights the bloc's efforts in local-currency settlement and development finance while noting internal strategic nuances.

Industry News

BRICS Deepens Clean-Tech, Critical Minerals, and Industrial Cooperation Across Asia

BRICS member economies, including China and the UAE, highlighted expanded cooperation in critical minerals, clean-tech manufacturing, and supply chains at the 18th BRICS Summit in New Delhi. Discussions featured China's upcoming 2027 presidency priorities in smart manufacturing and AI, as well as a proposed $11.5 billion aluminium investment by the UAE's International Holding Company. The bloc's New Delhi Declaration called for greater developing-nation participation in advanced manufacturing and broader use of national currencies.