The BRICS group is still young as an organization, but has already proven its effectiveness. Brazil, Russia, India, China, and South Africa are coordinating their policies on key international issues ever more closely, and are playing an active part in shaping a multipolar world order and developing modern models for the world’s financial and trading systems.
Wednesday, December 5, 2018
China to Bolster Energy Ties with Russia Through Investment, Says Vice Premier
The Chinese side says it supports searching for an "even more important role" of financial institutions in this direction and will exploit the potential of major national financial institutions
In a recent report published by the audit firm PwC, it appears that in 2050, China and India will respectively be the first and second world's leading economies in terms of GDP per capita, ahead of the United States of America relegated to the third place