Entries by brics_admin

BRICS Gets More Byte

By Zhou Xiaoyan Wang Kexiang, a 65-year-old retiree living in Beijing, is addicted to nuts. Since he has a heart problem and the doctor has told him eating nuts is good for his heart, he eats them every day. What’s more, he has also persuaded his entire family to join him in his munching habit. […]

Alternative Ratings

International credit-rating agencies are products of economic globalisation, especially the liberalisation and integration of financial and investment activities. As borrowers and bond issuers could be geographically remote from one another, lenders were unable to assess borrowers’ creditworthiness or possibility of default. However, they needed to know the likelihood of borrowers paying back debts so that […]

#BRICSSummit2017: Highlights from President Xi Jinping’s keynote address

President Xi Jinping delivered his keynote address at the opening ceremony of the BRICS Business Forum on Sunday 3 September 2017 in Xiamen, China. Under the theme, Working Together to Usher in the Second “Golden Decade” of BRICS Cooperation, Jinping made remarks about Xiamen’s history as a trading port and also spoke about China’s external cooperation. “On a personal […]

What you need to know about the BRICS 7-point action plan

A few weeks ago, industry ministers from the BRICS countries (Brazil, Russia, India, China and South Africa) met in Hangzhou, China. The meeting resulted in the establishment of a seven-point action plan being put in place.  Read more. Why was the plan put in place? The 7-point BRICS action plan was developed to “deepen industrial […]

Moving from health challenges to collaborations

[In association with BRICS Journal and the National Institute for the Humanities and Social Sciences] Access to affordable healthcare is a priority for all the BRICS countries. Dr Aquina Thulare looks at how BRICS is faring and how further collaboration would benefit everyone involved. Health is a state of complete physical, mental and social well-being and […]

China issues commemorative stamps for BRICS Summit

XIAMEN – China Post issued a stamp on Saturday to commemorate the BRICS Summit in Xiamen of East China’s Fujian province. The stamp bears logo of the summit as well as the letters “BRICS” and “2017 China”. It also shows the scenic Gulangyu island, which was included into the UNESCO list last month, as well […]

Economist: BRICS exceeds expectations

The economic performance of the five leading emerging economies of the BRICS group exceeds expectations of the man who first came up with the acronym, the inventor of the term told Xinhua in a recent interview. Former Goldman Sachs chief economist Jim O’Neill coined the acronym BRIC in 2001 to cover the nations Brazil, Russia, […]