Rapid expansion of Brics has diluted its coherence as a body offering an ideological alternative to western capitalism
Russia and China are not sending their leaders to a Brics summit starting in Brazil on Sunday in what may be a sign that the group’s recent expansion has reduced its ideological value to the two founding members.
China’s 72-year-old leader, Xi Jinping, has attended Brics summits for the past 12 years. No official reason has been given for sending the premier, Li Qiang, other than scheduling conflicts. Continue reading…
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