What Does BRICS mean for China?
After more than 30 years of reform and opening up, China under its fourth generation of leadership faces a big challenge to both manage its development and define its world role.
After more than 30 years of reform and opening up, China under its fourth generation of leadership faces a big challenge to both manage its development and define its world role.
The rise of economically influential countries from the developing world is still a relatively new area of research, which is receiving increasing focus from international business actors, foreign policymakers and international relations scholars.
The new millennium has marked a new era for Angola.
The convening of the first BRIC summit in 2009, building improbably upon the musings of a Goldman Sacks investment banker, brought together the leadership of Russia, China, India and Brazil to discuss global concerns.
Tomorrow, 14 April 2011, South Africa will join four of the world’s foremost emerging economies in Sanya on China’s tropical island of Hainan.
In April 2011, South Africa will take up its place among the world’s four major emerging powers when the BRICS grouping meets in Hainan, China.
South Africa has edged closer to finally becoming a member of the ‘elite’ grouping of the BRICs (Brazil, Russia, India and China), following recent expression of support by China and Russia for Pretoria’s bid.
South–South co-operation has existed for many decades and has played a key role in solidifying unity among developing countries.
By seeking to become the fifth member of the Brics, the club of emerging powers formed by Brazil, Russia, India and China, South Africa has staked a bold claim to a central role on the global economic stage.
After many efforts of lobbying, South Africa was finally admitted to the exclusive BRIC Forum at its second Summit held in Brazil on the 16 April 2010.