- Brazil, Russia, India, and China: seen collectively as the most important emerging economies with large potential markets
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Examples from the Web for brics
At the conclusion of the recent BRICS summit, the World Bank promised India $15 billion to $18 billion to aid development.The Despicable Persistence of the Dowry in India
August 4, 2014
The BRICS Bank looks, for all its founding rhetoric, like a platform for Chinese hegemony instead.
Besides, in recent weeks, India has been party to the setting up of a BRICS Bank, with Brazil, Russia, China, and South Africa.
The BRICS clearly rejected sanctions as a response to instability in the Ukraine.
So are we watching the emergence of a G7 versus BRICS world?