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BRIC nations grab power

Posted by Matt in May 29th, 2008

The BRIC nations (Brazil, Russia, India, China) are emerging as the new powers destined to inherit world economic leadership by the middle of the 21st century.

With China and India combined representing more than one-third of the world’s population (2.4 billion) and undisputed leaders in converting raw materials into finished goods, these Asian giants are headed for even greater dynamics as the century wears on.

Although starved for raw materials, China and India are nailing down access to oil, natural gas, iron ore, copper, rare metals and food staples wherever available. They’re looking 50 years into the future so as not to be caught short when their expansion reaches its target.

Read More…

Related posts:

  1. Building with BRICs
  2. Are the BRICs crumbling?
  3. Rising Brics - For a new order

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