Intercultural Neologisms for a New Revolution

Guest PostsIntercultural Neologisms for a New Revolution. Guest Post by Wenshan Jia.

Since the beginning of the third millennium, neologisms such as Chindia, Chimerica, and BRIC(S) have been floating in the English-speaking world, particularly in the field of international politics and diplomacy, international business and economics. The concept of Chindia was originally created to refer to the geopolitical unity between China and India by Jairam Ramesh, Rural Development Minister of Indian Government in 2005 (Ramesh, 2005). His argument is that given the large population of 2.7 billion shared by both China and India, almost 40% of the world’s population, the huge economic potential, geographical proximity, and cultural affinity, the two countries can jointly forge the leadership of Asia and potentially that of the world if the two parties can, to use his own words, “overcome suspicions and establish reciprocal partnerships” (http://www.business-standard.com/article/economy-policy/chindia-still-vibrant-idea-jairam-ramesh-114032700382_1.html). Chimerica was coined by Ferguson and Schularick (2007) to refer to “the sum of China, the world’s most rapidly growing emerging market, and America, the world’s most financially advanced developed economy” (p. 1). Specifically, Chimerica accounts for 13 percent of the world’s land surface, a one-fourth of the world’s population, a third of its gross domestic product (GDP), and over half of the global economic growth over the past six years since 2000. This symbiotic relationship between the US (as the big spender) and China (as the big saver) is compared to “a marriage made in heaven” and regarded as “the defining feature of the current world economy” (p. 1). Besides, the two countries are also co-dependent in their concerted global efforts to address global issues such as terrorism and nuclear proliferation, global warming and poverty, transnational crime, energy shortage, and gaps of intercultural communication. Last but not least, “the acronym ‘BRICs’ was initially formulated in 2001 by economist Jim O’Neill, of Goldman Sachs, in a report on growth prospects for the economies of Brazil, Russia, India and China – which together represented a significant share of the world’s production and population” (http://brics.itamaraty.gov.br/about-brics/information-about-brics). In 2006, the four countries Brazil, Russia, India, and China decided to create a BRICs dialogue structure and hosted the First BRICs Summit and in 2011, BRICs turned into BRICS with the addition of South Africa. BRICS has now entered into deeper collaborations with the establishment of the BRICS Bank, the BRICS Think Tanks Council (initiated in 2013) as well as the BRICS Media Summit and BRICS Global University Summit (both initiated in 2015).

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Author: Center for Intercultural Dialogue

Wendy Leeds-Hurwitz, the Director of the Center for Intercultural Dialogue, manages this website.

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