Home World G7 Irrelevant If It Excludes India, China, Says Man Who Coined BRIC

G7 Irrelevant If It Excludes India, China, Says Man Who Coined BRIC

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(G.N.S) DT.13 Donald Trump was right to call for a shakeup in the Group of Seven membership. He just picked the wrong emerging market to add, according to Jim O’Neill. The former chairman of Goldman Sachs Asset Management, who famously coined the “BRICs” in 2001 to refer to the fastest growing emerging markets, said the G-7 can’t be taken seriously when it excludes China, whose economy is set to overtake the euro

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