China’s leadership stunned markets by pulling a 180 on its approach to economic stimulus. Xi Jinping, who for years stood firm against massive fiscal injections into the economy, now leads one of the most aggressive stimulus efforts since the pandemic.

Chinese leader Xi Jinping hailed his country`s strong ties with Russia, describing them as a force for stability in a chaotic world, during a meeting with President Vladimir Putin at the BRICS summit in Kazan.

Chinese President Xi Jinping has landed in the Russian city of Kazan for the BRICS summit of emerging industrialized nations. Television images showed the head of the Russian republic of Tatarstan, Rustam Minnikhanov,