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Brazil. Russia. India. China. Four rising powers. One blog to explain them all.

Royal wedding knockoffs in Brazil

Fake versions of Kate Middleton’s ring on sale in Sao Paulo

On one of Sao Paulo’s busiest shopping streets, imitation versions of Kate Middleton’s sapphire and diamond engagement ring are on sale for less than $7 each. In the run-up to the royal wedding, the knock-offs were selling by the dozen, according to a cool post today on the Financial Times’ Beyond Brics blog. In addition to engaging in a bit of royal link-baiting, the folks over at the FT also explained how these items, which are manufactured in China, are yet another example of Brazil’s increasing trade deficit with China.