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...

Cold War, BRICs and Why 9/11 Doesn't Matter

A Century Weekly editorial at Caixin online cites Niall Ferguson’s argument that 11/9 (1989, the fall of the Berlin Wall) is more definitive of our times than 9/11, and argues that the rise of the BRIC nations outweighs...

Charity Begins Abroad: China and Foreign Aid

The Economist tracks the transition of China and the other BRIC nations from net recipients to net donors of aid, and explores differences between these new donors’ contributions and those of the West. Even today, America...

How China Sees Russia

Nico Popescu of the European Council on Foreign Relations examines Chinese attitudes towards post-Soviet Russia, including its leadership and its place in BRIC: A colleague of mine and I asked the Chinese how do they see the...

Trade Ties That Cut Out the West

Reuters reports on the annual meeting of the BRICS, which will be held on Hainan Island this week: If trade is the mortar holding together the BRICS — Brazil, Russia, India, China and the newcomer, South Africa — the omens would...

China Steps Up Condemnation of Libya Airstrikes

China is joined by the other BRIC powers in vocal opposition to airstrikes on Libya, as The New York Times reports: China’s response to the allied campaign has been the most forceful, with warnings that the assault could bring...

China’s New International Assertiveness Pays Off at G20

The Dow Jones Newswires reports that China was successful at the recent G-20 conference in the UK: “There are some huge wins for China in this agreement,” Standard Chartered Bank economist Stephen Green said after...

Emerging Trouble for BRICs

In such a time of global financial instability, why might the People’s Bank of China, for the first time in six years, decreased its benchmark lending rate by 27 basis points to 7.2%? In addition to the more immediate steps the...

Emerging markets taking off – John Waggoner

From the USA Today (link): Emerging markets built big gains from BRIC this year ” Brazil, Russia, India and China. The average emerging markets fund gained 12.6% in the first three months of 2006. The BRIC countries have done even better, especially when translated into U.S. dollars. “We’re big believers in the BRIC story,” says […]



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