BRICS — How Will the Organisation Get a ‘Second Wind’?

... initially considered a club of the most dynamic economies, the union of five countries has become internally highly heterogeneous. China and India continue to vie with each other as leaders of economic growth, while Brazil, South Africa and Russia have witnessed a systemic crisis since the mid-2010s, when the fall in GDP alternates with stagnant growth.... ... implementation of the BRICS+ format implies rather a “union of regionalisms”, when not trade blocs, but regional associations (SCO, CELAC, African Union) participate in the dialogue. China has established a dialogue with all these organisations (or being a member); ...