EconomyEconoScope | BRICS keeps getting bigger, more influential

Ethiopia once spent about $6 billion in foreign exchange each year on imported oil. Cooperation with Chinese companies on electric buses, heavy-duty trucks, oil-to-gas projects and technical training is helping the country use its hydropower resources and pursue greener industrial growth. The article argues that BRICS is becoming increasingly relevant to the Global South through expanding economic, infrastructure, digital and financial cooperation.

BRICSEthiopiaGlobal Southeconomic cooperation

CChina News Service★★★☆☆2026-09-14 07:11Original