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2021 | OriginalPaper | Chapter

5. China, Economic Partnership, Common Development and BRICS

Author : Garth Shelton

Published in: The BRICS Order

Publisher: Springer International Publishing

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Abstract

China’s economic rise and participation in the BRICS grouping provides the African continent with a range of new development partners and opportunities unmatched in its postcolonial history. China’s strategic engagement with BRICS offers a unique opportunity to promote a new and innovative development path. BRICS investments and infrastructure development programmes are expected to underpin and promote continued economic growth in BRICS countries through a process of expanded South–South collaboration, policy coordination and economic cooperation. BRICS is expected to be successful to the extent that it accepts and advances China’s national interests for promoting the BRI, and increased trade and global governance reform. If BRICS can accept and embrace China’s concepts of economic partnership and common development, the organisation is expected to prosper and provide the momentum to transform the global political and economic system.

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Metadata
Title
China, Economic Partnership, Common Development and BRICS
Author
Garth Shelton
Copyright Year
2021
DOI
https://doi.org/10.1007/978-3-030-62765-2_5