NEW YORK Authentic Derek Barnett Jersey , Aug. 26 (Xinhua) -- The BRICS bloc grouping Brazil, Russia, India, China and South Africa serves as "a testbed" for a "sharing governance" of global affairs, a leading U.S. expert said.
"BRICS makes that kind of contribution to the world governance by providing diversity," said Robert Lawrence Kuhn Authentic Dallas Goedert Jersey , chairman of the Kuhn Foundation, in a recent interview with Xinhua.
"I think it would be a mistake, given the nature of humanity, to have only one organization like the United Nations... " he said, adding that a diversity of structures seems to be what makes the most sense over time in global governance since there is no perfection.
"It engages them (BRICS nations) to be a sort of hubs for broader global interaction," Kuhn said Authentic Carson Wentz Jersey , "So Brazil is in South America. South Africa is obviously in southern Africa. These become sort of vehicles to engage more of the world, so that's all positive."
The longtime China observer noted that a greater participation of the five major emerging economies with "very different characteristics" also strengthens momentum for a multipolar world, which is crucial for promoting international stability.
"I am all for the key countries that whether judged economically or through other mechanisms to have greater participation in (global) organizations," Kuhn said.
The BRICS New Development Bank (NDB), which is intended to focus on infrastructure and sustainable development projects, stands as a good example showing "what a new kind of world governance would look like Wendell Smallwood Jersey ," he said.
"Everybody has equal voting power. So that's a good sign," he added, referring to the NDB'S distinctive feature -- absolutely just distribution of votes between members, different from the quota system of other international financial institutions based on the role of a certain member.
Although with the overwhelmingly larger economy in BRICS, China "does not use that power in an aggressive way to take control" of the NDB, he noted Josh Sweat Jersey , "I think that's a good signal. And China's doing it because it wants this greater participation in international affairs."
All BRICS countries should have "a greater say" in the international financial activity in the World Bank and the International Monetary Fund (IMF), he said.
In the World Bank, the BRICS countries, home to 42.6 percent of the global population and nearly half of the world's foreign exchange reserves, have a total of only 13 percent of voting rights, while the United States alone holds 15 percent.
The IMF agreed in 2010 to give emerging economies greater vote in decision-making Avonte Maddox Jersey , but the reform has been blocked by the United States, despite the fact that more than 140 countries have approved it.
"These should be adjusted... that's just not aligned with today's world in the same way," he said.
Since the first foreign ministers' meeting in 2006, BRICS countries have seen 10 years of rapid expansion in trade and economy. They currently account for nearly a quarter of the world economy and contributed more than half of global economic growth in 2016.
The 9th annual summit of the bloc, scheduled for Sept. 3-5 in Xiamen City of southeast China's Fujian Province, is expected to produce a declaration that lays out both the progress BRICS has made so far and its vision of future cooperation.
A "BRICS Plus" mode is expected to expand the bloc's partnership especially with developing countries Isaac Seumalo Jersey , providing opportunities for other economies and injecting impetus into economic globalization. This will help make it a leading platform for South-South cooperation.
BEIJING, Aug. 18 (Xinhua) -- Amanda Tan showed her mettle on Friday as the Singaporean fought off a late challenge from Thailand's Saranporn Langkulgasettrin to capture the BridgeCC CLPGA Beijing Heritage title in a play-off for her maiden pro win.
After starting the back nine at Beijing Orient Tianxing Country Club with a birdie blitz where she picked up five strokes over the first six holes for a three shot lead, the teenager (67) could only hang on as Saranporn closed with three straight birdies to force the extra session as Tan made a bogey six at the last for a two-shot swing.
In the play-off, the 18-year-old Tan quickly ended it with a birdie on the final hole as Saranporn misread her putt and could only muster par. The victory was worth RMB30,000.
"I feel excited and happy. It has been a long time since I have won, not only as a pro but as an amateur as well. This is my first time I have won an event. It gives me lots of confidence. I'm ready for the next event. I really want to share this good news with my parents."
Tan Jordan Hicks Jersey , who turned pro in February, credited her strong putting for the win and her iron play for being able to get close to the holes. She admitted to feeling pressure on the final hole of regulation and missing her putt.
"In the play-off I didn't think too much about being the champion. Saranporn had won two titles already and had more experience than I do, so maybe she deserved the title. I just focused on my shots."
Saranporn, winner of the Wuhan and Zhuhai legs this year, said she felt great about her game after struggling with her putting. She lamented making bogey at holes 11 and 13 and missing a birdie putt at the 15th hole.
"But then I made three straight birdies. Amanda thought my score was better than hers so at the last she putted too strongly because she thought she would only have the chance for the play-off," said the 17-year-old Phuket native. "No pressure Nelson Agholor Jersey , but struggling with my putts. Amanda's putts were really good today. On the back nine she made five birdies over six holes. She was really good today. I didn't feel sad."
Chinese amateur Wang Xinying (72) finished a distant third at six shots back, one stroke ahead of a group that included compatriots Wang M
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