{"id":3726,"date":"2026-04-18T14:50:48","date_gmt":"2026-04-18T11:50:48","guid":{"rendered":"https:\/\/bricsmagazine.com\/en\/?p=3726"},"modified":"2026-04-18T14:50:49","modified_gmt":"2026-04-18T11:50:49","slug":"key-news-about-brics-that-you-might-have-missed-this-week-3","status":"publish","type":"post","link":"https:\/\/bricsmagazine.com\/en\/main-issue\/agenda\/brics-plus-news\/key-news-about-brics-that-you-might-have-missed-this-week-3\/","title":{"rendered":"Key news about BRICS+ that you might have missed this week"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>China&#8217;s economy grew more than expected in the first quarter of 2026<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">China&#8217;s GDP in the first quarter of 2026 <a href=\"https:\/\/russian.news.cn\/20260417\/68aedcf5d7144ccaac27b82c11fc03ec\/c.html\">increased<\/a> by 5% year-on-year to 33.4 trillion yuan, marking a strong start to the 15th Five-Year Plan despite foreign experts&#8217; forecasts. The success is attributed to Beijing&#8217;s efforts in planning the new energy sector and diversifying the energy supply system: the share of oil in the country&#8217;s total energy consumption is less than 20%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>India&#8217;s oil import spending could rise by 38% by the end of the year<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">India risks facing a colossal <a href=\"https:\/\/economictimes.indiatimes.com\/news\/economy\/finance\/crude-unlikely-to-return-to-pre-war-levels-soon-indias-import-bill-may-rise-70bn-annually-report\/articleshow\/130275780.cms\">increase<\/a> in oil import costs \u2014 according to Prabhudas Lilladher, additional expenses could reach $70 billion amid a record price surge due to the war in Iran and supply disruptions from the Middle East. India&#8217;s existing reserves are expected to last only until about the end of April.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Russia and China build a &#171;hydrogen corridor&#187; for freight transport<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The holding company RT-Business Development (Rostec) has signed a <a href=\"https:\/\/tass.ru\/ekonomika\/27110455\">memorandum<\/a> with Chinese investors on the first hydrogen corridor between Russia and China. The project includes hydrogen production and a network of refueling stations along freight routes, as well as the possibility of creating a joint investment fund.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Flying car, smart glasses with built-in AI, humanoid robots as guides \u2014 China opens its largest trade exhibition<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The 6th China International Consumer Products Expo (CICPE) is underway in Haikou, Hainan Province, <a href=\"https:\/\/english.news.cn\/20260414\/875be29bc56c45558650ed4139a66361\/c.html https:\/\/www.bjreview.com\/China\/202604\/t20260417_800435450.html https:\/\/www.reuters.com\/world\/china\/chinas-largest-trade-fair-opens-export-growth-slows-2026-04-15\/\">showcasing<\/a> cutting-edge AI innovations ranging from smart glasses and exoskeletons to robot guides and robot dogs. More than 3,400 brands from over 60 countries are demonstrating high-tech products, and the expo has become the first major exhibition since the introduction of a special customs regime on Hainan Island.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s economy grew more than expected in the first quarter of 2026 China&#8217;s GDP in the first quarter of 2026 increased by 5% year-on-year to 33.4 trillion yuan, marking a strong start to the 15th Five-Year Plan despite foreign experts&#8217; forecasts. The success is attributed to Beijing&#8217;s efforts in planning the new energy sector and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1042],"tags":[],"country":[],"authors":[],"class_list":["post-3726","post","type-post","status-publish","format-standard","hentry","category-brics-plus-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Key news about BRICS+ that you might have missed this week - BRICS Business Magazine - EN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bricsmagazine.com\/en\/main-issue\/agenda\/brics-plus-news\/key-news-about-brics-that-you-might-have-missed-this-week-3\/\" \/>\n<meta property=\"og:locale\" content=\"ru_RU\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Key news about BRICS+ that you might have missed this week - BRICS Business Magazine - EN\" \/>\n<meta property=\"og:description\" content=\"China&#8217;s economy grew more than expected in the first quarter of 2026 China&#8217;s GDP in the first quarter of 2026 increased by 5% year-on-year to 33.4 trillion yuan, marking a strong start to the 15th Five-Year Plan despite foreign experts&#8217; forecasts. 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