(Reuters) - China wants to expand the group of emerging economies known as BRICS, in the first shake up of the bloc in over a decade, a senior Chinese diplomat said on Thursday.
(Reuters) – China wants to expand the group of emerging economies known as BRICS, in the first shake up of the bloc in over a decade, a senior Chinese diplomat said on Thursday.
Brazil, Russia, India and China initially formed the bloc in 2009, with South Africa joining in 2010.
“China proposes to start the BRICS expansion process, explore the criteria and procedures for the expansion, and gradually form a consensus,” Wang Yi, China’s state councillor and foreign minister, told an online meeting of BRICS foreign ministers.
Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products: