Jim O'Neill

Jim O'Neill, the former chief economist of Goldman Sachs Group, is currently an honorary professor of economics at the University of Manchester, and graduated from Sheffield University and Surrey University. My main research interest is in the foreign exchange market. In May 2015, he was appointed as the Commerce Secretary of the Treasury by George Osborne, who was then the UK Chancellor of the Exchequer. Resigned as Secretary of Commerce at the UK Treasury in September 2016. Jim's most famous achievement is the inventor of the important term BRICs in the BRICS countries, which has also become synonymous with Brazil, Russia, India, and China representing future growth opportunities. On November 20, 2001, Jim O'Neill, then the head of global economic research at Goldman Sachs and the chief economist of Goldman Sachs, published a report titled \The Global Need for Better Economic Bricks\. Due to the similarity between the English initials Bric and Brick in the report for Brazil, Russia, India, and China, the report is regarded as the birthplace of the BRICS countries. From then on, Jim O'Neill was seen as the 'Mr. BRICS' and became popular worldwide. Ernie graduated from the University of Sheffield, studying economics and geography, but as a rebellious student, he also took a detour during his academic years. After a year of enrollment, I gave up geography and drank alcohol all day, playing football for the school team. O'Neal was honest that he was much more interested in football than in class. In the following days, he balanced his personal football hobby and career reasonably and obtained a master's and doctoral degree successively. In his career, he also adhered to his perseverance, so in the foreign exchange market, which he regarded as an area of interest, O'Neill fully demonstrated his personal talent. Former BBC Chairman Davis once praised O'Neill as the top foreign exchange economist of the past decade. In the field of economics, O'Neill found his own niche. In 2001, when the concept of the BRICS was first proposed, O'Neill predicted that the four countries would change the pattern of the world economy. Today, after the global financial crisis, he himself seems more confident that the four countries will change the world. The fact also proves that what he said is true. The development of the BRICS countries has indeed gained global recognition and will enter a high-speed development channel in the future. He has a special fondness for China, and he believes that China should be the leader among the four countries. O'Neill said, 'I continue to be more optimistic about China's growth prospects.'.