Hold onto your spreadsheets, global watchers! 📊 The BRICS alliance is flexing serious economic muscle, with new data showing explosive growth across its expanded network of 11 member countries and 10 partner nations. Let’s break down why this matters for your TikTok feed and your investment portfolio. 💼
💰 The Numbers Don’t Lie
Six BRICS members crossed the $1 trillion GDP mark in 2023 – think of it as the economic equivalent of Taylor Swift selling out stadiums worldwide. 🎤 China led the pack (no surprise there), while five other members and all partner countries cleared $45 billion each. That’s enough cash to buy 90 billion avocado toasts! 🥑
🌐 Trade Winds Blowing East
Russia became China’s #1 BRICS trade partner in 2024 – imagine vodka and semiconductors crossing the border 24/7. 🚚 Among partner countries, Vietnam stole the spotlight, proving phở isn’t their only export superpower. 🍜
🗓️ Save the Date
Mark your calendars for July 6-7 when Rio de Janeiro hosts the 17th BRICS Summit. Expect more collabs than a BTS member’s side projects – but with trade deals instead of dance breaks. 💃🕺
Reference(s):
cgtn.com