1. BRIC: Belated Christmas Present.
- Subjects
ECONOMIC development ,INTERNATIONAL economic relations - Abstract
The article reports that South Africa has been formally invited to join the group of emerging economies called BRIC, which consists of Brazil, Russia, India, and China. Experts believe that the accession of South Africa is in consideration of the group's economic interest in Africa. Critics noted the sluggish economic growth of the country compared with the economies of the original members. Bilateral trade between China and South Africa has also rapidly grown.
- Published
- 2011
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