3 ms·

> I really do not understand how anybody with even a little understanding of the two countries can lump India and China together in the same political/financial

• exelius 11y ago
  The BRIC (Brazil, Russia, India, China) countries are all grouped together because they all have very large populations (Russia is the smallest at 140 million) and rapidly modernizing economies. In other words, they're actually big enough to stand on their own on the global stage should their economies become fully developed. From the standpoint of an investment banker (which is where the term BRIC comes from) any differences between them are largely irrelevant - they all have a large population, a government that is stable enough to protect their business investments, and an improving distribution of wealth to ensure widening participation in the economy to sustain growth for decades (this is important when macro investing; a rising tide raises all ships, and macro investors are basically investing in all ships). But that's about where the similarities between these 4 countries end, so using the term "BRIC" to speak about cultural similarities is meaningless.