This book offers a quantitative and qualitative look at the much-discussed BRICS—Brazil, Russia, India, China and South Africa—and explores how their economic ascent might cause global economic realignments in the 21st century. Providing a Chinese perspective on how the global realignment might impact strategic choices and a data-driven approach to the similarities and differences within the so-called BRICS group, this book will be of great interest to economists, international banking professionals, and political forecasters. Yao Ouyang,  Ph.D. in Economics, is the 19th President-elected of the International Schumpeter Society, vice president of the Hunan Normal University, China, professor at the School of Business, and director of the Large Economies Research Center, China. Xianzhong Yi, Ph.D. in Economics, is a professor at the School of Economics in Nanjing Audit University, China.  Lingxiao Tang, Ph.D. in Economics, is a professor at the Hunan Normal University, China, and director of the International Finance Research Center, China.