Strengthening macro policy coordination among Brazil, Russia, India, China and South Africa (BRICS) will provide a "booster" to deepen ties among the bloc, a senior Chinese academic has said.
Volunteers learn etiquette knowledge at Xiamen University in southeast China's Fujian Province, Aug. 6, 2017.
More than a decade after its establishment, BRICS, grouping five major developing countries from four continents, is recognized by international experts as an irreplaceable force in global governance. Thanks to close cooperation and coordination between Brazil, Russia, India, China and South Africa, BRICS has achieved fruitful results that not only benefit the five member countries, but also contribute to safeguarding the interests of developing countries as a whole and improving the global governance system, according to experts.
I never had the slightest idea that a few years after I created the acronym, BRIC, to depict the fast rising economies of Brazil, Russia, India and China, that their political leaders would create a political club between them, adding South Africa to be the BRICS. Here we are nearly 16 years later after I first coined the phrase, BRICs (small s for the plural) and 9 after the start of the BRICS club.
