True and China already have Australias nuts in a vice in many regardsRecent history I agree. Let's see how the Indian Free trade agreement shifts things in the future.
Russia has energy, China has goodsRussia has food, china has consumers
Russia has key materials like titanium and alumina, china has manufacturing capacity
Who has more options for alternatives to leverage pricing power in negotiations? Lmao - watch how Putin will kneel to Xi's demands - many Russian concessions will be forthcoming - thus vassel status.
If it came to blows with the west BRICS need to supply China everything it needs. Australia will get cut off before Russia will if Taiwan kicks off.
Lol. Brics is the last great hope to save everything. South Africa has become a basket-case with myriad problems and continues to go backwards, China and India have intensifying rivalry, and if Iran and Saudi Arabia join you can throw away consensus on anything. I have no idea what mechanisms Brics will have to operate to achieve anything of significance for their members. SCO has more of a chance of actual decision-making. Apple just announced they will be using chips made in Arizona and Europe in the next few years in order to diversify the supply chain.