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September 05, 2023
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BRICS Without Straw

  • Beijing’s domineering drive to enlarge the BRICS group as a counterweight to the G7 is rooted primarily in the CCP’s need to internationally promote its autocratic governance model. That aids the domestic justification while, paradoxically, Xi Jinping’s policies turn China increasingly inward.

By Alastair Newton

September 05, 2023
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Saudi Arabia PMI 56.6 in Aug-23



- Saudi Arabia's August 2023 PMI of 56.6 indicates a slight decline in economic activity, marking the lowest level since July 2022.
- This figure falls 1.56 points below the one-year average, suggesting a moderation in the pace of economic growth.

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