Programme

BRICS DEMAND AND THE IMPACT ON THE GLOBAL ECONOMY

Securing the Future
CNN TV Debate
Pavilion 4, Hall 4.2, ТV Arena

As global demand for goods and services shifts away from an indebted West, questions remain about the strength of the emerging-market middle-class consumer. How important are BRICS and other emerging consumers to global growth over the coming decade, and how might the shifting fortunes of the global middle class impact growth?

Moderator:
John Defterios , Editor, Anchor, CNN International

Panellists
Adi B. Godrej , President, Confederation of Indian Industry (CII)
Kirill Dmitriev , Chief Executive Officer, Russian Direct Investment Fund (RDIF)
Klaus Kleinfeld , Chairman, Chief Executive Officer, Alcoa Inc.
Dr. Jun Ma , Managing Director, Chief Economist, Deutsche Bank in China

Key moments

A large part of Chinese export activity is moving out to low cost places.
Dr. Jun Ma
I am optimistic that in general terms, over a longer period of time we will see consumption increase.
Klaus Kleinfeld
Opportunities are big, we have the ammunition – we haven’t just used it sufficiently.
Adi B. Godrej
We feel that diversification of the economy away from oil is definitely an important thing to do.
Kirill Dmitriev