In 2013 I talked about:
BRICS Bank is happening, This is good news…
Since then the BRICS have been under massive illegal financial attack by the west….It is now 2018 and the BRICS have survived and growing. Brazil was beat to death, Russia has been sanctioned to the ends of the earth and China, South Africa and India are feeling the pressure of hate and molestation from the west, even as you read this….BUT…
The future has still gone east…
The news that China’s GDP growth in 2017 was 6.9 per cent as opposed to the government target of 6.5 per cent and the January 2017 international Monetary Fund (IMF) projection of 6.5 per cent is merely the latest in a sequence of Economic data releases that has pushed economists to play catch-up with economic reality.China is also not the only BRICS member county to see economic data exceed expectations.Brazil has surprised by how robust its economy has performed despite the ongoing corruption allegations and the stalled political reform agenda.Russia has exceeded expectations both in terms of growth and low inflation, while India has started to recover from the high-denomination rupee withdrawal of November 2016. South Africa has recently seen accelerating growth after a slow first half.
Source: Economists are playing catch-up with economic reality | The BRICS Post
Another powerhouse within the same east framework… Shanghai Cooperation Organization (SCO)
BEIJING, June 5 (Xinhua) — The upcoming 18th Summit of the Shanghai Cooperation Organization (SCO) in the eastern Chinese city of Qingdao has come under the global spotlight as it carries special significance.Scheduled for June 9-10, the summit will witness the gathering of leaders of SCO member states and observer states, as well as heads of international organizations in Qingdao, Shandong Province.FIRST SUMMIT AFTER EXPANSIONIt will be the first SCO summit after India and Pakistan were accepted as full members in June 2017 at the Astana summit in Kazakhstan.After the expansion, the eight full members of the SCO are China, India, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan, and Uzbekistan. The SCO also has four observer states and six dialogue partners.
Source: China Focus: Why is SCO Qingdao summit attracting world attention? – Xinhua | English.news.cn
SCO is a powerhouse and all you have to do is look at who many of the members are and then look at BRICS and see who the members are…
Contrary to what mush is spewed from mouths of the experts western news sections, time is marching on and BRICS and the SCO are steadily marching into the future….the west throws monkey wrenches, but it does not halt the forward momentum…
WtR
