Tag Archives: BRICS

India can become the economic driver of the BRICS

Headlines concerning a slumping rouble in Russia, infrastructure issues in Johannesburg, and slow growth in both Brazil and China might not be the bearer of bad news for everyone. For India, such a time represents an opportunity in the face of global economic woes. It has not been a good year in economic terms for […]

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China surpasses America as the biggest economy. What next?

The rise of China as a global power over the last 30 years has led to much speculation about what this meant for the existing global order. China with it’s 1.3 billion people, and huge growth has fast become the world’s largest economy based on PPP according to an FT report which cited data from […]

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Indo-Japanese Summit Inspires Closer Ties

By: Arman Sidhu As part of Narendra Modi’s regional foreign policy, the prime minister’s most recent visit to Japan has solidified India and Japan’s historically friendly ties. With Japan serving as example for Modi’s vision for a flourishing economic powerhouse, the talks between both governments have rendered increasing strategic partnerships in trade, a subject of […]

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Brazil and China Relations

While attending the BRICS summit in July this year, President Xi made a state visit to Brazil where he met with Brazilian President Dilma Rousseff. This was Xi’s first visit to the country since becoming president (he previously visited as Vice President in 2009), and comes as China and Brazil celebrate their 40th anniversary of bilateral ties. Before […]

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The Implications of the BRICS New Development Bank

In 2016, the world’s fastest growing economies, Brazil, Russia, India, China, and South Africa, commonly abbreviated as the ‘BRICS’ countries, with South Africa being the latest addition to the group, will set up their own Development Bank. The Development Bank will focus on BRICS infrastructure projects and will serve to support the blocs’ economies. The […]

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