BRICS Summit 2015, President Xi stressed importance of emerging economies

Global Business

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China’s President Xi Jinping is in the Russian city of Ufa. That’s where BRICS countries and members of the Shanghai Cooperation Organization are holding a number of meetings. It’s also where
the BRICS New Development Bank is being launched. The bank is being hailed as a major breakthrough by the leaders of Brazil, Russia, India, China and South Africa. CCTV’s Julia Lyubova filed this report from Ufa in Russia.

BRICS Summit 2015, President Xi stressed importance of emerging economies

BRICS Summit 2015, President Xi stressed importance of emerging economies

China's President Xi Jinping is in the Russian city of Ufa. That's where BRICS countries and members of the Shanghai Cooperation Organization are holding a number of meetings. It's also where the BRICS New Development Bank is being launched. The bank is being hailed as a major breakthrough by the leaders of Brazil, Russia, India, China and South Africa.CCTV's Julia Lyubova filed this report from Ufa in Russia.


Maricruz Magowan on BRICS Summit
For more on the BRICS Summit, CCTV America’s Mike Walter spoken to Maricruz Magowan. She’s worked for more than three decades on U.S. and Latin America economic policies and is now the Vice President of the National Economists Club.
Follow Mike Walter on Twitter @mikewaltercctv

Maricruz Magowan on BRICS Summit in Russia

Maricruz Magowan on BRICS Summit in Russia

For more on the BRICS Summit, CCTV America's Mike Walter spoken to Maricruz Magowan. She's worked for more than three decades on US and Latin America economic policies, and is now the Vice President of the National Economists Club.

  • Tshidiso

    The analyst is biased. I think despite the pitfalls the BRICS countries have done well.

  • Vilmos Paradi

    I think they are building a less and less transparent shade from the eye staring from the US dollar. Some countries’ leaders got simply killed for less than that. I would not underestimate.