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BRICS
  • Reuters,

    Sep 04, 2017

    China will give 500 million yuan ($76.4 million) for a BRICS economic and technology cooperation plan, and another $4 million for projects at the BRICS countries’ New Development Bank, Chinese President Xi Jinping said on Monday.

  • Reuters,

    Aug 30, 2017

    Asian giants China and India have great potential for cooperation, Chinese Foreign Minister Wang Yi said on Wednesday, seeking to cast the neighbors’ difficult ties in a positive light ahead of a visit next week by India’s prime minister.

  • Sourabh Gupta, Senior Fellow, Institute for China-America Studies

    Oct 31, 2016

    The current international monetary order is failing to provide the necessary tools to cope with episodes of capital flow volatility. In the short term, the BRICS countries should step in and take steps to address this issue. In the long run, they should seek to reform the monetary system and promote international financial stability.

  • Brahma Chellaney, Professor, Center for Policy Research

    Nov 10, 2016

    The organization BRICS faces challenges defining a mutual mission. Although these five emerging economies pride themselves on forming the first important non-Western global initiative with the aim to end the era of Atlantic dominance, the grouping is still searching to define a common identity and build institutionalized cooperation. Additionally, the Goa summit indeed was a reminder of China’s lengthening shadow over BRICS. China’s motives reflect a domineering power in the organization through its efforts to assert regional dominance, and the BRICS organization, coupled by a lack of common interest, struggles to establish legitimacy.

  • Wang Yusheng, Executive Director, China Foundation for Int'l Studies

    Oct 18, 2016

    Uniting and representing a great number of developing countries, BRICS will continue to be a major dialogue partner of the G7 on the G20 platform. BRICS is eager for international peace and stability, and it calls for a fairer and more reasonable international order and its due say in international affairs.

  • Dan Steinbock, Founder, Difference Group

    Mar 28, 2016

    While international media focuses on Brazil’s mass demonstrations against corruption, efforts behind the façade precipitate regime change, restoration of a pre-Lula order, and a struggle against the BRICS nations. The U.S. feels threatened by an era of multipolarity, which deeply implicates China, and other emerging economies.

  • Yu Sui, Professor, China Center for Contemporary World Studies

    Aug 12, 2015

    Far from competing with US interests, the two meetings offer blueprints for more and better cooperation with Washington in a new world order.

  • Chen Xiangyang, Director and Research Professor, CICIR

    Jul 29, 2015

    The partnership of developing countries offers a benign counterweight to Western dominance in the world, and can help shape a “new normal” in international relations.

  • Dan Steinbock, Founder, Difference Group

    Jul 13, 2015

    As the focus of the West was fixed in Greece and Iran, the 7th BRICS Summit began a massive shift from a dialogue to an economic partnership – one whose full impact will be witnessed in the coming years.

  • Michael Billington, Asia Specialist, Executive Intelligence Review

    Mar 27, 2015

    In October 2013, during a visit to Indonesia, Chinese President Xi Jinping announced the launching of the New 21st Century Maritime Silk Road, just one month after announcing the New Silk Road Economic Belt, while on a visit to Kazakhstan. These two initiatives, followed in 2014 by the plan to put together the BRICS New Development Bank and China’s establishment of the Asian Infrastructure Investment Bank that Fall, constitute a new paradigm for mankind.

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