BRICS Summit 2015, President Xi stressed importance of emerging economies

BRICS

China’s President Xi Jinping is in the Russian city of Ufa. That’s where BRICS countries and members of the Shanghai Cooperation Organization are holding a number of meetings. It’s also where
the BRICS New Development Bank is being launched. The bank is being hailed as a major breakthrough by the leaders of Brazil, Russia, India, China and South Africa. CCTV’s Julia Lyubova filed this report from Ufa in Russia.

BRICS Summit 2015, President Xi stressed importance of emerging economies

China's President Xi Jinping is in the Russian city of Ufa. That's where BRICS countries and members of the Shanghai Cooperation Organization are holding a number of meetings. It's also where the BRICS New Development Bank is being launched. The bank is being hailed as a major breakthrough by the leaders of Brazil, Russia, India, China and South Africa.CCTV's Julia Lyubova filed this report from Ufa in Russia.


Maricruz Magowan on BRICS Summit
For more on the BRICS Summit, CCTV America’s Mike Walter spoken to Maricruz Magowan. She’s worked for more than three decades on U.S. and Latin America economic policies and is now the Vice President of the National Economists Club.
Follow Mike Walter on Twitter @mikewaltercctv