Why is it called BRIC?

The traditional BRIC countries refer to the English initials of Brazil, Russian, Indian and China. Because this word is very similar to the English word Brick, it is called "BRIC". After South Africa joins, its English word will become "BRICS" and be renamed "BRICS". 2011April 14, the third meeting of BRICS leaders will be held in Sanya, China. The leaders of the five countries will discuss how to coordinate and handle major international issues, how to deepen and expand cooperation, and how to strengthen the BRICS cooperation mechanism.

It is generally believed that the concept of BRIC was first put forward by Goldman Sachs. In June 2003, Goldman Sachs published a global economic report entitled "BRIC Dream". The report predicts that by 2050, the world economic structure will undergo a drastic reshuffle; The world's six new economies will become China, the United States, India, Japan, Brazil and Russia. The term BRIC was first put forward by Jim O 'Neill of Goldman Sachs in 200 1 year. BRIC countries quoted the leaders of the four countries.

The initials of Brazil, Russian, Indian and China. Because this word is similar to Brick in English, it is called "BRIC". [1] The traditional BRIC countries refer to the acronyms of Brazil, Russian, Indian and China. Because this word is similar to Brick in English, it is called "BRIC". After South Africa joins, its English word will become "BRICS" and be renamed "BRICS".