Tag Archives: BRICS

Today, China’s unprecedented “participation” in BRICS (comprising members Brazil, Russia, India, China and South Africa) and the G20 has forced foreign policy experts to “assess” China’s growing ambitions. Some define Beijing’s active participation as “hegemonic” while some experts go to an extent to define it as “active role-player in global ...

In BRICS, Brazil has been downgraded to `junk’ and China is battling a growth slowdown. Russia has been the worst-affected by the commodities slump and South Africa’s economy is flirting with contraction. India, on the other hand, is expected to emerge as the world’s fastest growing major economy. Source: ET