T0he first BRIC (Brazil, Russia, India, and China) summit was held in Yekaterinburg, Russia in June 2009, and the second summit in 2010 was organized in Brazil on 15 April. The Chinese President Hu Jintao delivered a speech titled “Cooperation, Openness, Mutual Benefit, and Win-Win Results,” emphasizing peaceful development with China. With various historical and [...]

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Recently, the Japanese media begin to use the word, VISTA, which is taking capital letters from five nations: Vietnam, Indonesia, South Africa, Turkey, and Argentina, to describe the economic growth expansion in 2010 as the Japanese corporations are ready to extend their muscles. BRIC (Brazil, Russia, India, and China) has been the famous word since [...]

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The World Bank announced the Gross Domestic Product (GDP) in 2008 on 1 July 2009. Among the top ten, the United States ranks number one at about $14.2 trillion and Japan as number two with $4.9 trillion. However, BRIC have increased their GDP ranks from the previous year. The GDP ranks are number 8th of [...]

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Since a seminal 2001, Jim O’Neill, chief economist of Goldman Sachs began to use the word, BRIC in the research report; today BRIC has turned into an interesting word in the current financial crisis. BRIC, meaning Brazil, Russia, India, and China, met in Yekaterinburg, Russia for a summit on 16 June 2009. BRIC accounts for [...]

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Since the financial meltdown on Wall Street, a popular word has suddenly appeared in the Asian media. That is “BRIC”!!! From the Chinese Phoenix TV to the Japanese newspapers, even in the airline magazine such as United Leader’s Review (in Japanese language November 10-January 9 issue, pp. 16-19), published the article about the BRIC. The [...]

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