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Posted on April 12, 2011
BY OWEN FLETCHER
BEIJINGChina this week will host a summit of leaders from the so-called BRICS countries as it looks to boost the group’s profile as a platform for emerging economies to gain stronger leverage over more advanced countries.
The meeting is the first of its kind to include South Africa as well as Brazil, Russia, India and China, a group that could band together to push for international financial reforms favoring developing countries. The summit, which coincides with meetings of the International Monetary Fund in Washington this week, is set to discuss global financial and economic issues like commodity-price fluctuationsa topic on …