MOSCOW (Sputnik) – Wang suggested that the economies of the BRICS countries would bounce back quickly because of new opportunities on the market.
“I agree that the world economy is on the track of a weak recovery and within ourselves, BRICS countries are facing severe challenges as well. In addition to that, the Greek debt crisis… also imposes threats on the world economy,” Wang said in English.
“Nevertheless, we are very confident about the prospect of BRICS countries’ economies because we think that we have large markets…and we have a lot of new opportunities from industrialization, from IT applications and urbanization. So we hope and we are confident that the economies of BRICS countries will stabilize very soon,” Wang added.