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  1. BRICS is a grouping of the world economies of Brazil, Russia, India, China, and South Africa formed by the 2010 addition of South Africa to the predecessor BRIC. The original acronym "BRIC", or "the BRICs", was coined in 2001 by Goldman Sachs economist Jim O'Neill to describe fast-growing economies that he predicted would collectively dominate the global economy by 2050.

  2. Dec 29, 2023 · In 2006, Brazil, Russia, India and China created the "Bric" group. South Africa joined in 2010, making it "Brics". The group was designed to bring together the world's most important developing ...

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  4. In 2023, over 3.3 billion people live in the BRICS countries, including the world’s two most populous countries: India and China. Additionally, the four BRIC countries are among the seven ...

  5. Aug 23, 2023 · Published Aug. 23, 2023 Updated Aug. 28, 2023. The five-nation group of emerging economies known as BRICS, which views itself as a counterweight to the West, has invited six more countries to join ...

  6. Aug 25, 2023 · LEILA FADEL, HOST: The BRICS group of emerging nations has invited six more countries to join the bloc which aims to challenge perceived Western dominance in global affairs. China's President Xi ...

  7. Aug 21, 2023 · O'Neill found that at the end of 2000, Brazil, Russia, India and China accounted for about 23.3% of world GDP. He expected the BRIC countries' GDP would increase and said the G7 countries should ...

  8. BRIC and BRICS are the former and current names of an intergovernmental economic alliance between several countries regarded as up-and-coming economic powers. The original BRIC group was founded in 2006 by four countries: Brazil, Russia, India, and China. In 2010, South Africa joined and BRIC was replaced by BRICS

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