Heat and Hype: Will Brics Hit the Wall or Keep Smashing through It? ; the Returns Are Sizzling in Brazil, Russia, India and China. but Opinion Is Divided on Whether Growth Will Endure

Sharp, Tim, The Independent on Sunday (London, England)

As the starting gun fired for 2006, "Brics" were the fastest thing out of the blocks in the race for investors' money.

Back in January, these new funds directing cash into Brazil, Russia, India and China were being talked about by independent financial advisers (IFAs) and fund managers as the investment for 2006.

Stock markets across the world were booming and these four giant, emerging economies - which between them account for 40 per cent of the world's population - were rising in wealth and influence.

Offering huge natural resources, such as gas and oil, cheap labour and a vast manufacturing capacity, as well as burgeoning consumer cultures, these …

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Publication information: Article title: Heat and Hype: Will Brics Hit the Wall or Keep Smashing through It? ; the Returns Are Sizzling in Brazil, Russia, India and China. but Opinion Is Divided on Whether Growth Will Endure. Contributors: Sharp, Tim - Author. Newspaper title: The Independent on Sunday (London, England). Publication date: December 1, 2006. Page number: 20. © 2009 The Independent on Sunday. Provided by ProQuest LLC. All Rights Reserved.

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