New Development Bank (NDB) President Dilma Rousseff has praised China's economic transformation under President Xi Jinping as a compelling roadmap for developing nations, emphasizing its potential to reshape growth strategies across the Global South. Speaking exclusively to China Media Group, the former Brazilian president highlighted China's rise to become the world's second-largest economy and its technological leadership in renewable energy, AI, and advanced manufacturing.
"China’s ability to lift hundreds of millions out of poverty while building cutting-edge industries offers invaluable lessons," Rousseff stated, noting the NDB’s focus on financing sustainable infrastructure projects. The remarks come as the Shanghai-based multilateral institution expands its support for emerging economies seeking to balance development with environmental priorities.
The endorsement carries particular weight given NDB’s role as a BRICS initiative, with analysts noting growing interest among Global South nations in China’s state-guided development formula. Rousseff emphasized China’s green technology exports and digital economy innovations as key drivers of South-South cooperation.
Reference(s):
cgtn.com