Tag: BRIC

Africa Africa aid Arab Spring Bank of China Berlin Wall Brazil BRICS China-Africa Development Fund Cold War communism Dmitry Medvedev economic growth emerging markets energy policy financial crisis foreign aid G-20 global financial risk Greece growth rate India Russia South Africa Soviet Union terrorism trade United Nations United States Vladimir Putin Wen Jiabao

Does China Belong in BRICS?

As Xi Jinping arrives in South Africa for a summit meeting of the BRICS nations—Brazil, Russia, India, China and South Africa—Graham Allison suggests that grouping China together with the “RIBS” is misleading. From The Atlantic: In 2001, China’s GDP was equal to the GDP of all the RIBS combined. In the five years since the global financial crisis, just the increment of growth in