BRICS' role to change, study finds

The BRICS Summit set for Xiamen, Fujian province, next week will play a positive role in helping shape the global economy, especially at a time of declines in advanced economies such as the United States, according to a study released on Tuesday.

The report by the Standard Bank of Johannesburg, South Africa, said the BRICS nations have an opportunity to assume a bolder global leadership role after two years of sliding fortunes.

BRICS includes the five major emerging economies: Brazil, Russia, India, China and South Africa.