The Rise of the BRICS
While China seeks to turn the BRICS into an anti-Western bloc, India and Brazil are struggling to maintain their independence and geopolitical influence.
The BRICS group of nations, comprising Brazil, Russia, India, China, and South Africa, with new members Egypt, Ethiopia, United Arab Emirates, Iran, and Indonesia, has gathered for its annual summit in New Delhi on September 12-13. The bloc represents around 40% of the global economy and nearly half of the world's population, but internal divisions may hinder its consolidation.
The leaders presented a united front, with China's President Xi Jinping attending the summit in his first visit to India in almost seven years. The group discussed the global economic landscape, but the meeting was kept low-key, with a focus on development-oriented results rather than geopolitical aspirations.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
