The Business Times

Tom Hancock

From left: Chinese President Xi Jinping, South African President Cyril Ramaphosa and Indian Prime Minister Narendra Modi at the 15th Brics Summit in South Africa this month. The bloc’s economies account for a quarter of global GDP.

How Brics became a real club and why others are joining

THE Brics group of emerging market nations – Brazil, Russia, India, China and South Africa – has gone from a slogan dreamed up at an investment bank two decades ago to a real-world club that controls ...

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