CHINA GLOBAL PODCAST:

China's Interest in an Expanded BRICS

November 20, 2024

The BRICS+ summit was held in the Russian city of Kazan this past October. The original BRICS comprised four countries: Brazil, Russia, India, and China. The first meeting that they held was in 2009. South Africa joined in 2011. BRICS has now grown to include Egypt, Ethiopia, Iran, and the United Arab Emirates. The recent summit also invited 13 countries to the group as partner states. Countries that have expressed interest in joining BRICS include Indonesia, Malaysia, Thailand (which is a U.S. treaty ally), and Turkey (which is a member of NATO).

As countries in the Global South flock to form an increasingly significant geopolitical bloc in which China has assumed a leading role, it is important to understand how BRICS+ fits into China’s foreign policy strategy and the role that the BRICS mechanism is likely to play going forward. To discuss these issues, host Bonnie Glaser is joined by Alexander Gabuev, director of the Carnegie Russia Eurasia Center which is based in Berlin. His research focuses on Chinese and Russian foreign policy.

Episode Highlights

[01:37] Behind the Creation of BRICS

[04:08] BRICS+ in China’s Foreign Policy Objectives

[06:20] Domination of China in BRICS+

[09:13] Russian and Chinese Interest in BRICS+

[14:16] China and the Expansion of BRICS

[18:07] Noteworthiness of the Kazan Declaration

[21:10] Possibility of a BRICS Currency

[28:11] BRICS+ and U.S. Policy Under Donald Trump

[30:26] Responding to BRICS+ and a Multipolar World