Currently, Only India Is Doing Well Among BRICS Countries - Chinese Media
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This CCTV English report says that currently only India is doing well among BRICS countries. Just a few years ago, the BRICS countries, Brazil, Russia, India, China and South Africa, were booming - raising the promise of a world economy led by emerging nations. Maybe in the future but right now things are not looking as good. China's growth remains significant if you compare it to the rest of the world - but the country's economy is slowing down. Russia - severely hit by low oil prices and the Western embargo - was downgraded by credit rating agencies earlier this year. And this month, Brazil also lost the investment grade seal from Standard and Poors amid a political and economic crisis. "I don't think that it is right to say that the BRICS, all of the BRICS are in crises. India is quite successful. So I think the importance of the group will continue. There's certainly now, particularly in Brazil, in Russia and in South Africa, a bit of a slump, but I think the long term projections are likely to be fulfilled because it's a matter of long term development," said oliver Stuenkel, economist & BRICS researcher. In the Brazil-China Chamber of Commerce, the plan is to try and turn the current economic challenges into good business opportunities for Chinese investors. "Brazilian assets are doubly cheap because of the crises, one, and two, the devaluation caused by the crisis, so that today everything in Brazil is very very cheap. Assets that you could not have bought a year ago today are on fire-sale," said Charles Tang, CEO of Brazil-China Chamber of Commerce. There's still hope the BRICS countries will have a bright future, but analysts warn these economies need to prepare themselves for long-term sustainable growth if their goals are to be achieved. Follow me at https://www.facebook.com/DLXAreaOne DLX Area 1 Click to Subscribe And Watch More Videos - http://goo.gl/bZDtb
Comments
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China doesn't need to do "well", it is time to slow down , it is not supposed to grow double digit for over 20 years ! It's time to fix problem before China engage with another growth. India can go grow but they can't get shit done
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Brazil is the besttttttttttt
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how the FUCK is India "doing well"
with 300 million people
SHITTING IN FIELDS
with no flushing toilets.??????? -
I don't know why china is supporing a terrorist country pakistan even after knowing that India is against terrorism. Beside pakistan is the only enemy country of India.
Economically India and China are doing great. China is the biggest exporter in India and many indian and chinese company are working together but politically India anad china are not doing great.We need to solve out all problems.
I know US is shit and will be shiter after election. India,China should end all dispute and together with Russia we can became the biggest economy world has ever seen. -
I want to open a company that develops Android apps and this is good place to be in as google wants 2Million developers in next 5 years
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India Love Like 💖💖💖💖💖💖💖💖💖💖💖💖💖💖
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I thought India and China were bitter rivals. Maybe Russia is the friendly moderator between these two countries.
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how can both china and india be in Brics when they are against eachother?!
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Brics sucsess only defend to India-china Relations. china is supported for pakistan & pakistan is not part of Brics.Then India-china boundry issue,water issue & in Pakistani Terrorist supported for china. china provided for pakistani terrorist guns,handgraned etc. weapons.Then India is going asked supporting for America & America- Russia relations is not good for international issue.They are tottally oposite.
His Brics future in defends -
jai hind
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Modi> 0+0= 00
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Good job! It's time for india to rise up. Congrats from China. But my country will seem to experience a miserable economic transformation. : (
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India needs INFRASTRUCTURE especially in Vijayawada (AP Capital)
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zionists control south africa. BRIC should kick them out
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This is not surprising India or then hindu civilization was the largest economy and richest civilization for thousands of years with a GDP of 25 to 30% until 1700 AD or until European colonialists started de-industrializing and looting it according to Angus Maddiosn's 20 yrs research on world economy for the past 2000 yrs. His book "World economy: a millennial perspective and historical statistics" says it all. It is available for free online. China was not even in the scene until 1500 AD.
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Here i am the only who thinks that Asian Anchor is hot #asf 😍
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India will step out of this first to join a Western business model.
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India needs a better class of politicians as the rampant corruption is a gapping hole in the economy which is leaking money.. The youth have to step up..
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The house of Rothchild is doing everything they can to punish the BRICS nations and make sure they don't succeed. They will use every dirty trick they know to stop them from succeeding... I hope they make it through.. This is why America and it's other Rothchild NATO allies are trying to start a war with Russia.. Just hope the world wakes up to what is going on and try to support Russia as much as they can.
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i prefer foreign news channels then indian news channels! these channels concentrate on crap and wanna show crap in the society!
boycotted #NDTV crapiest of them all.
6m 3sLenght
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