The Russian version of the third season of "The Classic Quotes by Xi Jinping", a multilingual TV series produced by China Media Group (CMG), will be broadcast on major Russian media platforms from Tuesday when the 16th BRICS Summit is set to kick off in Russia's Kazan City.
Focusing on the themes of putting people first, reform and innovation, common prosperity, ecological protection, cultural inheritance, and civilization diversity, the program features quotes from Chinese literary classics used by President Xi in his speeches and articles, allowing audience to understand the connotation of Chinese traditional culture in the new era and its global value.
The program demonstrates Xi's outstanding political wisdom as well as his deep knowledge of history and culture.
Rossiyskaya Gazeta, the official gazette of the Russian government, Tuesday published an article about the program on its front page, saying it opens a window for Russian people to know more about Xi's thoughts on governance, the secrets of China's successful development, and Chinese people's efforts in striving for modernization.
Nearly 100 mainstream media outlets in Asia, Europe and around the world, including the Big Asia TV channel, the Radio Metro, the St. Petersburg Press, and the Business Kazakhstan, covered the TV program.
The program's poster has also been played on outdoor giant LED screens in Moscow's Central Administrative Okrug since Saturday, drawing the attention of many people.
People from all sectors of Russia have expressed high anticipation for the program, saying it will help them to know more about Chinese leader's political wisdom as well as China's long history and brilliant civilization.
BRICS is an acronym for Brazil, Russia, India, China and South Africa. The upcoming summit, scheduled from Tuesday to Thursday, is the first to be held after the BRICS expansion in January when Iran, Egypt, Ethiopia, Saudi Arabia and the United Arab Emirates were included into the bloc.
President Xi will attend the summit at the invitation of his Russian counterpart Vladimir Putin.
CMG program "Classic Quotes by Xi Jinping" to air in Russia
U.S. stocks ended mixed on Friday as investors digested hotter-than-expected inflation data amid ongoing geopolitical uncertainties.
The Dow Jones Industrial Average fell 0.56 percent to 47,916.57. The S and P 500 slipped 0.11 percent to 6,816.89. The Nasdaq Composite Index rose 0.35 percent to 22,902.89.
Seven of the 11 primary S and P 500 sectors closed lower. Consumer staples and health care led the declines, falling 1.43 percent and 1.33 percent, respectively. Technology and materials were the top performers, advancing 0.76 percent and 0.64 percent.
The U.S. consumer price index (CPI) jumped 3.3 percent in March from a year earlier, representing nearly a full percentage point increase from February's annual pace, according to the Bureau of Labor Statistics. The energy index surged 10.9 percent in March, propelled by a 21.2-percent jump in gasoline prices, which alone accounted for nearly three quarters of the monthly increase across all items.
The core CPI, which excludes volatile food and energy components to measure underlying inflation, increased more modestly, rising 0.2 percent for the month and 2.6 percent year over year.
White House Deputy Press Secretary Kush Desai stated that the economy "remains on a solid trajectory," while acknowledging that food and gas prices have risen. National Economic Council Director Kevin Hassett described the current situation as "a temporary energy disruption," adding that the economic effects of the Iran conflict are "a temporary distraction that will very, very quickly go away."
However, Kathy Bostjancic, chief economist at Nationwide, argued that even if a long-lasting deal to end the war is reached and the Strait of Hormuz is fully reopened, "it would take months for oil, gasoline, diesel and other commodity supplies to snap back to pre-war levels and thus for prices to settle back to pre-conflict levels."
Meanwhile, the University of Michigan's preliminary April consumer sentiment index fell sharply to a record low of 47.6, down from 53.3 in March and well below analysts' expectations of 52.0, reflecting growing public concern over the impact of the Iran war on household finances.
Shares of the "Magnificent Seven" technology giants were mostly lower on the day. Nvidia stood out as the strongest performer, rising 2.57 percent.
Investors are now turning their attention to the upcoming U.S.-Iran talks scheduled for this weekend.
U.S. stocks close mixed after shocking inflation data
