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Exclusive: "Mr. BRICs" bullish on prospects of the Summit

03-23-2012 13:47 BJT Special Report:President Hu Visits India, Cambodia, Attends BRICS Summit |

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Jim O’Neill is the Chairman of Goldman Sachs Asset Management. He is best known for his prominent economic thesis regarding the economically-related nations referred to as BRICs, so he is also known as Mr. BRICs.

In an interview with CCTV ahead of the summit, he noted that at present Western countries are facing economic problems, while the BRICs and other emerging economies develop rapidly, which he sees as giving the world more balance. He also expressed his dissatisfaction with the view of some that the rapid development of developing countries poses a threat to Western countries.

Jim O’Neill, the Chairman of Goldman Sachs Asset Management



Editor:Zhang Dan |Source: CNTV.CN

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