6/7/2017: The BRICS nations command a large portion of the world's population, land area and GDP. But can this organization be more than just a talk-shop?
China is hosting the 9th BRICS Summit in September in Xiamen City, in the southeastern province of Fujian. Ahead of the high-profile event, 25 media groups from the five member countries gathered on Wednesday in Beijing for a forum. Recent years have witnessed some voices expressing belief that the BRICS era could come to an end, however the five national economies are determined to step up their cooperation. The group represents 42 percent of the world's population and 26 percent of its territory, and accounts for 30 percent of the global GDP. How can the BRICS nations remain as solid as a brick? To answer this question, World Insight has invited panelists from the BRICS countries: Zhang Jianping from the Chinese Academy of International Trade and Economic Cooperation; Alexander Lukin, Director of the East Asian and SCO studies at the Moscow State Institute of International Relations; Charles Tang, President of the Brazil China Chamber of Commerce and Industry; Madhav Nalapat, UNESCO Peace Chair in India and Director of the Geopolitics and International Relations Department at Manipal University; Stephen Gelb, Principal Research Fellow at the Private Sector Development Overseas Development Institute and a former economics professor at the University of Johannesburg.