Joint GDP of BRIC countries to exceed that of US in 2015

BEIJING, April 8 (Itar-Tass) -- The joint Gross Domestic Product (GDP)
of the four BRIC countries - Brazil, Russia, India and China - will exceed
that of the United States in 2015. BRIC will account for one third of the
world GDP growth, says the Annual Report (Blue Book) on BRIC's
Social-Economic Development (2011), which was published here on Thursday.
"In the coming 15 years the BRIC countries will retain the trend of
stable and relatively quick economic growth. They will hold an even higher
place in the world economy," the Blue Book said. "According to a forecast,
the joint GDP of the four BRIC countries will amount to 22 per cent of
world GDP in 2015, as against 15 per cent in 2008. So, those countries
will surpass the United States by that index."
In 2011 "the inflow of foreign capital to the new developing economic
entities will reach 1,100 billion dollars. The BRIC countries will
continue to be the most attractive for foreign investments," the Blue Book
stressed.