Jim O'Neill

Jim O 'Neill, former chief economist of Goldman Sachs Group, is now Emeritus Professor of Economics at the University of Manchester, UK. He graduated from the University of Sheffield and the University of Surrey. His main research interest is in forex market. In May 2015, he was appointed Commercial Secretary to the Treasury by then-Chancellor of the Exchequer George Osborne. He resigned as Commercial Secretary to the UK Treasury in September 2016. Jim is best known for being the inventor of the important term BRICs, which has become synonymous with Brazil, Russia, India and China, representing future growth opportunities. On November 20, 2001, Jim O 'Neill, then head of global economic research at Goldman Sachs and its chief economist, published a report titled "The World Needs Better Economic Bricks." Since the Bric acronym of Brazil, Russia, India and China in the report is similar to the English Brick brick, the report is regarded as the birth of the BRIC countries, and since then, Jim O 'Neill is regarded as Mr. Bric. Oni graduated from Sheffield University, where he studied economics and geography, but was a rebellious student who took a detour. After a year at school, I gave up geography, drank all day and played for the school team, which O 'Neill confessed was far more interested in than attending classes. In the days that followed, he balanced his passion for football with his career, earning a master's degree and then a doctorate. In his career, he also adhered to his obsession, so in the foreign exchange market, which he regarded as an interest area, O 'Neill fully displayed his talent. Former BBC chairman David Davies has described O 'Neill as the top foreign exchange economist of the past 10 years. In the field of economics, O 'Neill found his niche. In 2001, when the BRIC concept was first proposed, O 'Neill predicted that the four countries would change the shape of the world economy. Now, after the global financial crisis, he seems even more convinced that the four will change the world. Facts have proved that what he said is true, the development of BRIC countries has indeed been recognized by the world, and will enter the high-speed development channel in the future. He has a soft spot for China, which he believes should be the leader among the four countries. 'I continue to be more bullish on China's growth prospects,' Mr. O 'Neill said.