Analytics

What Is BRICS, the G-7 Alternative Being Pushed by China?

Bloomberg reports that a term coined by a Wall Street economist has morphed into a loose alliance of nations pushing for a more “multipolar” world.
What Is BRICS, the G-7 Alternative Being Pushed by China?
The BRICS group of nations — the acronym stands for Brazil, Russia, India, China and South Africa — has gone from an investment thesis conceived by a Wall Street economist two decades ago to a real-world club that accounts for 40% of the world’s economy and roughly half of its population. It now controls an investment bank and pairs several... ...

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