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Q.

Why china needs """" BRICKS """"" for the time being ?

Tags: bricks, politics & government, china needs
Asked by cnanu shree, 29 Mar '12 07:33 pm
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Answers (5)

 
1.

Because it can pay USA in the same coin, having broken the monopoly of dollar in trade between these BRICs countries
Answered by rajnikant raiyarela, 29 Mar '12 07:36 pm

 
  
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2.

Because it can pay USA in the same coin, having broken the monopoly of dollar in trade between these BRICs countries
Answered by nachi, 06 Sep '13 05:16 pm

 
  
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3.

Yes as per interesting best answer
Answered by anil garg, 01 Apr '12 08:57 pm

 
  
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4.

Coz gaining advantage of balance of payment...
Answered by vijay, 29 Mar '12 07:40 pm

 
  
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5.

The BRICS states need to pin down China on long-term norm-based values, ideas and concrete proposals and programmes for the mutual benefit of the constituent member states, writes Srikanth Kondapalli.

Today's summit meeting of the Brazil-Russia-India-China-South Africa multilateral grouping at New Delhi [ Images ] suggests to its transition from a "talk-shop" institution, to that of laying down concrete plans for changes in global power matrix, specifically in the economic field.
When United States Secretary of State Hillary Clinton [ Images ] mentioned that the US should learn from the BRICS' economic rise, it is an endorsement of the coordination of the BRICS in the international relations as well as in economic development.
Although there are acute differences between the BRICS states on market-economy status, investments, reform of the UNSC membership, democracy, etc., the grouping is expected to enhance its prestige in the coming years as the globe is witnessing major chang ...more
Answered by Ataur Rahman, 29 Mar '12 07:37 pm

 
  
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