BRICs: the sub-plot thickens

The dominant story that jumps out when you examine global
trade data for the past decade, or even two, is the one everybody knows about:
the almost vertical rise of China as an export and import powerhouse.


But there
is a sub-plot that gets less attention: the rise of BRIC to BRIC trade. This is
the fastest growing part of global trade. It challenges many of the assumptions
on which