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As Brics expands, China-India rivalry could shape its future trajectory
The Brics grouping has embarked on an ambitious membership expansion drive. The Straits Times looks at what this means for India and China, as well as its partners from South-east Asia.
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(From left) Chinese President Xi Jinping, Russian President Vladimir Putin and Indian Prime Minister Narendra Modi at the Brics summit in Kazan, Russia, on Oct 23.
PHOTO: REUTERS
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BEIJING/NEW DELHI – The 15-year-old Brics grouping, a coalition of major developing countries, has made history with its first expansion in more than a decade, welcoming Egypt, Ethiopia, Iran and the United Arab Emirates to the club.
From five world leaders traditionally standing side by side for the requisite photo op at the grouping’s annual meeting, the stage got more crowded in host city Kazan, Russia, in late October with nine men representing nearly half the world’s population and more than a quarter of global economic output.
