China to Carry the Bulk of BRICS Contingency Fund

China will carry the bulk of a contingency fund to be created by the developing countries known as BRICS, for Brazil, Russia, India, China and South Africa, a BRICS official told Dow Jones late Tuesday. Finance ministers of the BRICS Tuesday took the first official step for the creation of a $1…

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China to Carry the Bulk of BRICS Contingency Fund

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