emerging markets

China Mobilizes BRICS Media in Praise of Xi

In only his second trip abroad this year, Xi Jinping attended this week’s BRICS summit in South Africa in the hope of scoring a major political victory. The five-member group—comprising Brazil, Russia, India, China, and South...

China To Peddle Discount Drones to Developing World?

Cashed-up aviation enthusiasts in the US and Europe are struggling to get their hands on UAVs – unmanned aerial vehicles (drones), because governments are still trying to work out how to regulate their purchase and use....

China Plans Reforms Amid Economic “Zugzwang”

John Garnaut reports that China is planning “sweeping reforms” aimed at turning around its sputtering economy, according to sources close to the leadership. From The Age: Liu He, who leads the party’s Central...

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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