China may soon take the top spot from the United States as the world's biggest economy, Russian Foreign Minister Sergey Lavrov said.
Lavrov pointed out that the growing influence of BRICS in the global economy and the G20 will lead to a multi-polar world.
The minister believes that Russia's Western counterparts in the G20 realize more and more they need to bargain.
"BRICS is not alone - it has allies, including Saudi Arabia, Mexico, Argentina, and Indonesia. I think half of the G20 group seek to take part in the decision-making process," the RT cited Lavrov as saying.
Talking about China, Lavrov noted it has economic resources and interests in Latin America and wants to "invest in this part of the world because they don’t have many mineral resources."
According to the top minister, Latin America is very interesting not only for China, but for Russian companies as well." As our companies and Chinese companies get deeper into Latin America I strongly believe that there will be more projects," Lavrov said.
