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  • The economy of China

    The People's Republic of China is the world's second largest economy and world's fastest-growing major economy. in the past 30 years, after the beginning of economic reform with opening-up policy, China boasts an average growth rates of 10% . China is also the largest exporter and second largest importer of goods in the world. In 2010, foreign direct investment into China surpassed $100 billion, and investment overseas by Chinese companies in non-financial sectors totaled $59 billion.

  • Economy of South Africa

    South Africa is a upper-middle income country with an abundant natural resources. it has well-developed

  • Economy of India

    India is turning itself into an open-market economy though there remains some diminishing influence of its previous self

  • Economy of Russia

    After the Economic reforms in the 1990s, Russia gradually has a market-based and globally-integrated economy. Most

  • The economy of Brazil

    Characterized by large and well-developed agricultural, mining, manufacturing, and service sectors, the economy of

 
BRICS

About the BRICS

In economics, BRICS refers to a group of countries, namely, Brazil, Russia, India and China, four countries with massive potential. They features a similar stage of newly advanced economic development.

Fact - sheets And Brief IntroducTion Of The BRIC Countries

Population: 49,320,150 (in 2009, source: World Bank)
Population 1,155,347,678 (in 2009, source: World Bank)
Population: 141,850,000 (in 2009, source: World Bank) GDP: $1.477 trillion (2010
Brazil Population: 193,733,795 (in 2009,
China Population: 1,331,460,000 (in 2009,

In economics, BRICS refers to a group of countries, namely, Brazil, Russia, India and China, four countries with massive potential. They features a similar stage of newly advanced economic development.

In economics, BRICS refers to a group of countries, namely, Brazil, Russia, India and China, four countries with massive potential. They features a similar stage of newly advanced economic development.

The BRIC leaders
 

The 1st BRIC summit was held in Yekaterinburg, Russia on June 16, 2009.The four leaders of the BRIC countries attended. Political dialogue between the BRIC countries began in New York in September 2006 when the BRIC foreign ministers held a meeting. Then, there were another round of four high-level meetings , including

 

The 2010 BRIC summit was held in Brasilia, Brazil on April 16, 2010. This was the second BRIC summit after the summit in Yekaterinburg in 2009. The meeting took place between the four heads of government from the BRIC states after previous bilateral meetings. The leaders discussed various current issues including the Iran and nuclea

 

BRICS nations seek common stance, shared prosperity

A decade after Goldman Sachs economist Jim O'Neil coined the term BRIC, it has gone beyond an economic theory and evolved into a platform for pragmatic cooperation. O'Neil created the acronym to draw attention to four fast-growing emerging economies -- Brazil, Russia, India and China. Now, the bloc, expanded with new member South Africa, is using the idea to forge tighter links and get their voices heard.

 

BRICS nations issue joint declaration, calling for reform to..

Leaders of the five fast-growing emerging economies vowed to support the reform and improvement in international monetary system for the establishment of a stable, reliable and broad-based international reserve currency system.