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Whatever, no one ever pretended the BRICS had *anything* to do with social
justice. Neither did the seemingly dead Venezuelan and Bolivian trade and
investment pacts. It's about in the case of the TomDisptach article by
Escobar, about a counter-US imperialist economic policies and pacts
designed to extend China's influence outside of US influenced trade,
monetary and investment hegemony. One doesn't have to agree with the
implications of it (I don't) but one should understand where the
ultra-bonapartist regimes of China, Russia and now, maybe, India, are
taking their mostly capitalist economies in this 'EuroAsian' paradigm.

The description Escobar give about what the regimes perspectives are, are
very accurate, according to my following what is going on. Even the
international trade and investment moves by Brazil and Argentina are of
interest here. I doubt, though I might be wrong, that the idea of Germany
having a foot in both the Chinese initiatives and the Russian/Chinese ones
is a little on the far fetched side despite China becoming, as the article
put out, the German's largest trading partner. It's about investment, not
trade, really, and Escobar doesn't comment on that. Still, even 14 years
ago wondering around the streets of Guanghzou and Shenzhen German language
schools outnumbered English ones about 4 to 1.

Read the whole article...

David
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