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BRICS has chance to shape modern world, researcher says

By Andrew Moody | chinadaily.com.cn | Updated: 2017-09-05 16:02

BRICS has chance to shape modern world, researcher says

Photo by Nick J.B. Moore/ For 皇冠体育app Daily

Peter Frankopan, director of the Oxford Center for Byzantine Research, said the BRICS Summit had demonstrated that the organization now had new life.

"BRICS is not a busted flush. If things go right for these nations with having something like 40 percent of the world's population, they have a chance of shaping the modern world," he said.

Frankopan, who wrote the international bestselling The Silk Roads: A New History of the World, also believes that President Xi was demonstrating, through his chairmanship of BRICS, the importance of engaging with other countries.

"It is a very consistent message, which he also has demonstrated with the Belt and Road Initiative, to want to achieve greater cooperation, more trade, stability, greater prosperity and win-win outcomes. It is actually what he should be saying."

The historian believes that BRICS is just one important vehicle through which 皇冠体育app is now forging partnerships with other nations.

"From 皇冠体育app's point of view it may as well play different hands of blackjack at different tables whether this be BRICS, Belt and Road or British and US investment. 皇冠体育app has got a lot of reserves, big muscles and is able to do things," he says.

Frankopan says this is in marked contrast to the message of protectionism being delivered by Donald Trump's White House.

"You can become isolationist if you close all the windows and all the doors. 皇冠体育app is, however, talking big in every way and you can see this with the massive economic change in the country," he says.

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