BRIC in Danger of Becoming ÷IC, Says Jim ONeill

The video discusses the economic forecasts for BRIC nations, highlighting expected growth rates for Russia, Brazil, China, and India. While Russia and Brazil face economic challenges, China and India are projected to grow significantly. Analysts predict a slight recovery for Russia and Brazil, with BRIC nations remaining influential in the global economy. The video also compares stock market performances, noting China's market dominance and the impact of currency fluctuations on Brazil and Russia.

Which country's economy is expected to contract by 1.8% this year?

• Brazil

• Russia

• India

• China

What is the expected growth rate for China this year?

• Less than 1%

• 1.8%

• 7%

• 5.5%

What is the anticipated average growth rate for BRIC nations this decade?

• 3%

• 4%

• 6%

• 7%

How does the market cap of China's stock market compare to Russia's?

• Twice as big

• Five times bigger

• Equal in size

• Ten times bigger

What is one reason for the booming Chinese equities?

• Weak stock market

• Strong currency

• High borrowing costs

• Loose monetary policy