The countries share concerns about reforming global financial institutions, greater representation of the Global South, development financing, and respect for national development paths.
The New Development Bank is the clearest example: emerging economies creating their own mechanisms to finance infrastructure without depending on Western-led institutions
BRICS reinforced that development and has no single universal model — diversity in political systems and economic strategies is seen as a source of new approaches, not an obstacle
The bloc accelerated the shift toward a more multipolar world, where Global South nations gain greater autonomy, voice, and new forms of cooperation
China's growing engagement with Brazil isn't just about trade or investment. It's about new institutional architectures and South-South cooperation — with BRICS at the center, the expert concludes.