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Hardship in Brazil, South Africa strengthens China’s BRICS lead

August 31, 2017

This weekend, China will be hosting the annual BRICS summit – a meeting of leaders from five developing nations including Brazil, Russia, India, China and South Africa. Lourdes Casanova, academic director of Cornell University’s Emerging Markets Institute, says that political and economic instability in Brazil and South Africa has solidified China’s lead position at the forum.

Cornell SC Johnson College of Business
director of the Emerging Markets Institute at Cornell University