Full coverage: G20 Hangzhou Summit

For some analysis about the BRICS economies, we are now joined by Mr Fu Jun, Academic Dean of Institute of South-South Cooperation and Development at Peking University, as well as Mr Rob Koepp, Director of the Economist Corporate Network. Welcome.

Q1: Four developing countries were grouped together in 2009, just after the 2008 financial crisis. And then South Africa joined in 2010, effectively turning it into the BRICS that we know today. Why could emerging countries at the time still sustain a relatively higher and more stable growth?

Q2: The acronym was coined by Jim O'Neill from the Goldman Sachs. What's special about this five nations?

Q3: What did the establishment of the BRICS summit mean to the world economic and financial system at that time?