From BRIC to BRICS Benefit analysis of South Africa's entry into BRIC

摘要

This article is based on the fact that China invites South Africa to join BRIC and to attend a summit of BRIC leaders to be held in Beijing in 2011.This article gives benefit analysis from two aspects.On one hand.South Africa has three advantages in position of economy,in factors of production and in structure of population,which will accelerate the development of BRIC.On the other,since South Africa's entry will meet the demands of China,which are market demand and resource demand,it is China rather than the other three countries that invites.