China to Chair BRICS in 2027, Paving Way for De-Dollarization Initiatives

China is set to assume the chairmanship of BRICS in 2027, following Brazil in 2025 and India in 2026. According to NS3.AI, this leadership sequence is significant as it involves two major economies, India and China, consecutively leading the bloc, which will comprise eleven members representing over 40% of the global population. Analysts suggest that this period could be crucial for transitioning BRICS de-dollarization ideas from discussion to implementation. Beijing is reportedly already working with India on initiatives related to cross-border payments, IMF voting reforms, AI governance, climate finance, and the reform of the international monetary system.