[2] The Chinese president chaired the BRICS Leaders Meeting in southern China's resort city of Sanya, and gave a speech under the theme of "Broad Vision, Shared Prosperity.

Brazil and India also pressed China to buy such goods as Brazilian aircraft and Indian pharmaceuticals; the two countries also complained about the artificially undervalued yuan that they claimed was undermining their exports.

[9] The leaders of BRICS states expressed misgivings about NATO air strikes during the 2011 Libyan civil war and urged an end to the two-month conflict in Libya.

"[6] Jim O’Neill, the chairman of Goldman Sachs Asset Management International and the person who coined the term BRIC, said that the countries "don’t have the same interests.

"[2] A commentator at the Financial Times website lamented the low level of access granted to his and other mainstream Western media outlets but nonetheless found it hopeful that the organisation's meetings provided, for instance, for regular Sino-Indian interaction when their bilateral relationship could carry considerable tension.

He also saw hope amongst "the anodyne talk of cooperation and friendship...[in the] predictable but significant statement" in the Sanya declaration in favour of "comprehensive reform of the UN, including its Security Council.