Country seen as gateway for BRIC trade into resource-rich nations of Africa
Apr. 23, 2011, 2:00 pm EDT
By Robert Hsu, Editor, China Strategy
Part of the reason why China is seeing inflation is massive economic growth enjoyed by the nation. The growth in China, as well as the growth of the BRIC economies, was the subject of a recent summit held in Sanya, China’s southernmost city in the Hainan province.
The BRIC nations — Brazil, Russia, India, China — have all become important and powerful economic forces. Together, they’ve soared past the original predictions of Goldman Sachs executive Jim O’Neill, the man who coined the acronym BRIC, regarding what influence these countries were going to have...
Original article:
http://www.investorplace.com/38307/emerging-market-south-africa-included-in-bric-summit/
No comments:
Post a Comment
Please leave your feedback.