BRIC Countries China and India Go Head to Head in Defensive Buildup
A decade ago, the term BRIC was coined. Brazil, Russia, India and China, explained Jim O’Neill of Goldman Sachs, were all on the brink of significant economic development that would propel them, in the coming decades, into the first rank of global powers. That economic growth is undeniable, but there is more to global influence that mere cash. Fighting power is also a vital aspect thereof; as Mao had it, "power grows out of the barrel of a gun".
In the first of a new series, Defenc...
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