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Tag Archives: Sanya Declaration

BRICS Challenge Western Economic Hegemony

BRICS Challenge Western Economic Hegemony

The emergence of Brazil, Russia, India, China, and now South Africa to compose the so-called BRICS Summit met in Hainan, China (Apr 14-15, 2011) to discuss global economics, trade cooperation and developments in Japan and Libya. The emergence of this economic bloc could become an alternative voice on the world stage to Western dominated world finance and politics.

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