BRICS is an acronym that refers to Brazil, Russia, India, China, and South Africa. The term was coined by Goldman Sachs economist Jim ONeill in 2001 to describe fast-growing economies that would collectively dominate the global economy by 2050. South Africa was added to the list in 2010, expanding the acronym to BRICS. The BRICS group of major emerging economies holds regular meetings to discuss economic cooperation and development.
On the other hand, Brica is a brand that produces baby travel pods. These lightweight portable baby pods can be set up and folded down in seconds to create a safe, cocoon-like spot for babies to hang out anytime and anyplace. Brica is also a multilateral cooperation mechanism envisioned and initiated by China Federation of Industrial Economics (CFIE) to unite leading industrial and commercial organizations from Belt and Road Initiative (BRI) countries.
