The three countries namely, Mexico, South Africa, and China are all
The emerging economies are countries whose economies are growing fast and contributing significantly to the advancement of the world's economy.
Mexico, South Africa, and China belong to the Group of Five (G5) countries. The remaining two in this category are India and Brazil.
Apart from these three, other countries that are classified as emerging economies are; Brazil, India, Russia, Indonesia, Turkey, and Saudi Arabia.
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