China's Xi Jinping wrapped up the first foreign trips of his young presidency in the Republic of Congo on Saturday. The week of visits, which also included Russia and South Africa, were seen as a move to strengthen Chinese relations with African countries and emerging economies.
The trends of multi-polarity and economic globalization mean there will be more cooperation and competition among countries. Countries will need to promote cooperation and manage competition.
Nigerian Central Bank Governor Lamido Sanusi highlighted fears that China-Africa ties have yet to deliver a different path from the colonial pattern of exchanging resources for manufactured goods.
Several questions still need to be answered before BRICS presses ahead with new financial institution.
Pragmatic cooperation between China and Russia, between China and African countries, and between China and other BRICS member states will help build a new state-to-state cooperation mechanism.
An unusually heavy downpour hit Durban for two days before the BRICS summit's debut on African soil, but interest for a better platform for emerging markets were still sparked at the summit.
BRICS is promoting cooperation for development rather than dependency on assistance in its ties with Africa.
Chinese President Xi Jinping's visit to South Africa to attend the fifth BRICS summit in Durban is of crucial importance for Sino-Africa relations.
The fifth summit of the BRICS countries, which concluded in Durban on Wednesday, has sent positive signals of solidarity, partnership and win-win cooperation.
Beyond agricultural innovation, China has rich experience and significant potential in bio-gas, vaccine R&D and manufacture, and medicine research.
Combating extreme poverty is the aim of the entire development community, and the same goal has been embraced by many World Bank presidents.
This year's UN Human Development Report is simply titled "The Rise of the South". It illustrates the immense power of a bloc of countries whose economic prowess is now chiefly responsible for propelling the world economic engine.
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