BRICS — How Will the Organisation Get a ‘Second Wind’?

... willingness to actively cooperate in creating a common financial or logistics infrastructure does not mean the willingness of Brazil, Russia or perhaps Argentina to open their markets and increase competition with imports from China. China’s approach to the implementation of the BRICS+ format implies rather a “union of regionalisms”, when not trade blocs, but regional associations (SCO, CELAC, African Union) participate in the dialogue. China has established a dialogue with all these organisations (or being a member); ...