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Brics leaders (clockwise from top left) South African President Cyril Ramaphosa, President Xi Jinping, Brazilian President Jair Bolsonaro, Indian Prime Minister Narendra Modi and Russian President Vladimir Putin attend the virtual 14th Brics summit on June 23, 2022. Photo: AP

Letters | Brics bloc needs a unifying theme like the Belt and Road Initiative

  • Readers discuss how the group including China and India can reach its potential, fear of animals, social media’s role in the death of a whale, and litter bins in Hong Kong
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Following its first summit meeting in 1975, the Group of 7 has directed the world economy through institutions such as the World Bank and International Monetary Fund. However, it lost much of its sheen during the 2008 financial crisis. In comparison, the Brics countries – Brazil, Russia, India, China and South Africa – now hold more economic influence than they used to.

The 15th Brics summit will take place later this month in Johannesburg. The Brics countries already represent more than 30 per cent of global gross domestic product, measured in purchasing power parity. According to the summit host’s Brics ambassador, 22 nations have formally requested membership in the bloc while a similar number have made informal requests.
Yet, some commentators have suggested that developing countries would be better off if the Brics disbanded rather than expanded. Some members of the G7, particularly the United States and Japan, are undertaking projects aimed at curtailing Chinese influence. What are their apprehensions about the bloc?

China on its own has spent more than US$2.3 trillion in overseas investment and construction since 2005. In contrast, the Brics-led New Development Bank (NDB) has invested US$32.8 billion since 2015, with projects restricted to the five member countries. Meanwhile, India has extended 306 lines of credit for developmental assistance to 65 countries.

The NDB is not achieving the combined potential of the Brics because the bloc lacks a unifying theme. There are calls for a Brics currency, but this would take time to develop. The bloc must find a rallying point soon to spur development in the Global South.

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Brazil’s President Lula meets with Xi, seeks to expand trade, Chinese investments and talk Ukraine

Brazil’s President Lula meets with Xi, seeks to expand trade, Chinese investments and talk Ukraine
The Belt and Road Initiative seems the only viable theme. However, India cannot overtly accept the initiative since the China-Pakistan Economic Corridor passes through disputed territory in Kashmir.

But it will be difficult for India to resist the inclusion of the Belt and Road Initiative in the Brics bloc. The initiative could make the NDB a viable alternative to the IMF and World Bank, and the founding members of the NDB could become significant lenders by pooling their resources.

Brics does not need to replace the G7, but it can create a new system for the Global South. China’s Belt and Road Initiative could be the unifying theme the bloc and the NDB need.

Dr Somen Banerjee, senior research fellow, Maritime Research Centre, India

Educate people on animal rights and catch them young

The letters published on August 4, “Most dangerous animal? Not the Bryde’s whale for sure” and “Boar killing sends our youth the wrong message”, should resonate with all of us.

We are ruining our world, not only for ourselves but for other living creatures. Both adults and children need to be educated so that all creatures are treated with empathy and understanding.

Fearful parents encourage fear in their children, a sad cycle that can only be broken by a continuous public campaign and a concerted effort by schools to emphasise the need to protect our environment and treat all living things humanely.

A good start would be to reintroduce the policy of capturing, neutering and relocating wild boars, before another loses its life because it panicked when encountering “the most dangerous animal in the world”.

Joan Miyaoka, Sha Tin

Did social media help kill the whale?

Who is the main culprit in the death of a rare visitor to Hong Kong waters?

News of the discovery of the Bryde’s whale carcass, which had a fresh wound, lit up social media, where many blamed the whale watchers and the government.

I believe that the boatmen and social media are also, and perhaps mainly, to blame for the fate of the whale. Social media users on platforms like Xiaohongsu might have inadvertently promoted whale watching as a hot new activity, by sharing pictures of the whale that whetted appetites and tempted more people to go on those sightseeing boat tours.

In some jurisdictions, there are rules in place to prevent such tragedies. For example, vessels are required to keep a certain distance from whales.

Here in Hong Kong, we should reflect on our inadequate regulation and lack of conservation awareness. I hope no more animals will die in connection with sightseeing activities.

Jeffery Lam, Tseung Kwan O

Litter bins should be back in full force

Even though Hong Kong didn’t boast squeaky-clean streets, I took pride in the relative cleanliness. We used to have adequate litter bins all over Hong Kong. During the protests, many of them were understandably gone.

But why aren’t the bins back in place? Hong Kong has returned to normal, yet the cleanliness seems to deteriorate with every passing day. I see litter strewn across the streets. For example, outside a nearby MTR station, one can see cigarette butts on the street, empty drink cans, cardboard boxes discarded after their contents were taken out.

Hong Kong is Asia’s World City. Action must be taken on littering, so Hong Kong doesn’t become Asia’s Garbage City.

Sudhir Sundararaju, Sheung Shui

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