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BTCC / BTCC Square / Global Cryptocurrency /
BRICS at 25: China’s Economic Dominance and the Hollowing of De-Dollarization

BRICS at 25: China’s Economic Dominance and the Hollowing of De-Dollarization

Author:
Global Cryptocurrency
Published:
2025-11-26 09:07:01
16
1
BTCCSquare news:

Jim O'Neill's BRICS concept reaches its silver anniversary amid mounting skepticism about its economic cohesion. The bloc's de-dollarization efforts remain more rhetorical than substantive, with China's $18 trillion economy now dwarfing all other members combined. Beijing's GDP quadrupled Japan's since 2001 while India's promised potential remains unfulfilled.

O'Neill's retrospective analysis reveals structural flaws: 'Without a doubt, China...has blown the other three countries away.' This lopsided dynamic undermines collective BRICS initiatives, as Shanghai's capital markets now exceed Russia's entire GDP. Emerging market traders increasingly treat BRICS as a China proxy rather than balanced partnership.

|Square

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