What BRICS expansion means for the US and its allies


Chinese President Xi Jinping (top right) walking past Russia's Foreign Minister Sergei Lavrov (right) and China's Foreign Minister Wang Yi (second right) during the 15th BRICS Summit in Johannesburg. — TNS

BRICS’ annual leaders summit last month was the most newsworthy event in the bloc’s 14 years.

What began as an acronym coined two decades ago by a Goldman Sachs economist to highlight emerging economies is now making a play for real global influence.

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