China Holds Strong with BRICS Amid US Dollar Reserve Concerns
China has firmly supported the BRICS coalition in the face of U.S. President-elect Donald Trump’s tariff threats, emphasizing the group’s focus on openness, inclusivity, and global economic stability.
Chinese Foreign Ministry spokesperson Lin Jian highlighted BRICS’ role in revitalizing the global economy, benefiting the U.S. as well. He warned that imposing a 100% tariff could harm U.S. businesses and consumers.
China dismissed accusations that BRICS aims to undermine the dollar, instead advocating for mutual growth and international financial fairness, urging the U.S. to reconsider policies that could hurt its own economy.
Clever Robot News Desk 5th December 2024
