Tag: BRICS

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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 China’s economy is larger than the entire economies of Russia and India