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58 sats \ 5 replies \ @Satosora 17 Jun 2024 freebie \ parent \ on: China's Industrial Growth Slows; Retail Sales Surprise Analysts econ
They will be backing up their own currency with gold, not brics.
China will put in 10 billion USD, or the equivalent in their currency.
So in fact, brics isnt backed up by gold...
I've been hearing about the BRICS for so long... I wonder when it will be a reality
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Their meeting should be coming up soon, right?
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Yep. This summer.
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Thanks both for the info.
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Depending on all the members economies, it will be an interesting meeting.
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