Brazil’s President Dilma Rousseff had some reason to be pleased with herself this week.
Not only did she host on Monday a successful meeting of the leaders of the Brics – the five large developing countries that also include Russia, India, China and South Africa and account for a quarter of the world’s gross domestic product. But her diplomats had also overcome a late disagreement between India and China over who should host the headquarters of the group’s $100bn Brics development bank, with Shanghai winning the privilege.
“Shanghai is a great financial centre,” Ms Rousseff said afterwards, seeking to explain the choice of the Chinese city. Her finance minister, Guido Mantega, added: “It is close to the great Asian powers.”
您已閱讀18%（731字），剩餘82%（3266字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。