【参考译文】
Brics Few concepts/ideas/notions have become more and more popular(gained more popularity/currency)¹ among business people and politicians in recent years than the idea(that) of the BRICs ² the giant, emerging economies of Brazil, Russia, India and China³, whose weight and influence is supposedly⁴ changing economic and political realities. Grouping the four, however, covers/obscures a simple fact:While the rise of China and India represents a real change/shift in the power balance, Russia and Brazil are marginal economies⁵ (which were) supported (propped up) by high Prices of natural resources. This difference has profound implications/significance.
The fundamental difference between China and India on the one hand and Russia and Brazil on the other⁶ is that the former⁷ are competing with the west for “intellectual capital” by seeking to build first-class/first-rate/top-notch universities. investing in high, value. added and technologically intensive/technology-intensive⁸ industries and utilizing their successful overseas compatriots to generate entrepreneurial activity in the motherland(mother country). Chinese, for example, are committed to developing 100 world-class/world-level universities. with a focus on science and engineering. India boasts one of the most dynamic information technology sectors outside the US. Both⁹ face challenges but they are taking [the] steps/measures necessary to achieve/generate sustainable economic growth.