New BRICs study reveals China and India’s rising economic integration with oil and mineral rich nationsMajor oil producers and mineral rich countries have been ranked as ‘extreme’ and ‘high’ integration in a new BRICs study evaluating the extent of economic integration of Brazil, Russia, India, China and South Africa in the global economy. Research highlights the economic integration of 176 countries with China.
Amongst those countries most integrated with China are key commodity producers such as Sudan (4), Yemen (5), Kazakhstan (6), Mongolia (7), Congo (8), Australia (11), Papua New Guinea (13), Malaysia (16), DR Congo (18) and Peru (20).
The China Integration Index (CII) is one of a set of five sub-indices that comprise the composite Emerging Powers Integration Index (EPII), which assesses the level of economic integration between Brazil, Russia, India, China and South Africa, and countries around the world. Together the influence of these economies is significant, given that the economies of Brazil, Russia, India and China have contributed over a third of world GDP growth over the past ten years.1