BRICS Summit marks dual milestones and tests limits of cohesion

India will host this year's BRICS Summit on Sept. 12-13. One analyst said New Delhi faces a difficult balancing act: strengthening the grouping without letting it become an instrument of Chinese influence. (Nikkei illustration) 25 years since term coined and 20 since bloc formed, energy ties deepen amid crises TOKYO/NEW DELHI — Back in 2001, Jim O'Neill, then the head of global economic research at Goldman Sachs, released a paper that still resonates, though not exactly as he envisioned.

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