The Development of BRIC and the Large Country Advantage

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Focusing on China's economic success and the emergence of BRIC nations, the book introduces the concept of Comprehensive Advantages of Large Countries (CAOLCs) and examines its formation. It highlights the significant influence of BRICs during and after the global financial crisis, detailing how these countries navigated challenges. Additionally, the text provides insights into China's strategies for adapting and optimizing its industrial structure in the aftermath of the crisis, offering a comprehensive understanding of the dynamics at play in the global economy.