China-Led BRICS to More Than Double with Admission of Six New Countries, Expansion Reflects a Shift in Balance of Power

“For China and Russia, this is a win. They have been pushing for this for five plus years now,” said Ryan Berg, the head of the Americas programme at the Centre for Strategic and International Studies. “For China, it allows them to continue to build what they hope is a Beijing-centric order. For Russia, who is hosting it next year, it sees this as a tremendous opportunity in its current moment of significant isolation.”

While President Biden was taking pilates classes in Lake Tahoe, President Xi oversaw the expansion of BRICS by six new countries. Another diplomatic win for China under the Biden Administration. And next week, U.S. Secretary of Commerce Gina Raimondo will visit China to appease the CCP even more.

Related: DUMPING THE DOLLAR: BRIC Countries Are Developing a New Currency, State Duma Deputy Chair

https://twitter.com/cvpayne/status/1694680684416119166?s=20

BRICS to more than double with admission of six new countries

Major expansion as economic bloc that includes Russia and China attempts to provide counterweight to the US and western allies

By The Guardian, August 25th, 2023

The Brics group of big emerging economies has announced the admission of six new members, in an attempt to reshape the global world order and provide a counterweight to the US and its allies.

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From the beginning of next year, Iran, Saudi Arabia, Egypt, Argentina, the UAE and Ethiopia will join the current five members – Brazil, Russia, India, China and South Africa – it was announced at a summit in Johannesburg on Thursday.

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