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Explaining China’s & India’s Reported Differences Over Expanding BRICS — Andrew Korybko

Summary:
Follow on to Korybko's previous article about BRICS+ and alternative currency/payments system. Again, cutting through the hype of both an impasse owing to Chinese and Indian opposition and also the over-optimism of the cheerleaders for an alternative currency. Korybko argues that the countries involved are proceeding carefully in finding common ground in spite of competing national interests — that is, acting maturely.Naked CapitalismExplaining China’s & India’s Reported Differences Over Expanding BRICSAndrew KorybkoSee alsoBackgrounder.Bill Totten's WeblogThe West never bothered to understand China …

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 Follow on to Korybko's previous article about BRICS+ and alternative currency/payments system. Again, cutting through the hype of both an impasse owing to Chinese and Indian opposition and also the over-optimism of the cheerleaders for an alternative currency. Korybko argues that the countries involved are proceeding carefully in finding common ground in spite of competing national interests — that is, acting maturely.

Naked Capitalism
Explaining China’s & India’s Reported Differences Over Expanding BRICS
Andrew Korybko

See also

Backgrounder.

Bill Totten's Weblog
The West never bothered to understand China …
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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