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He outlined his “Global Governance Initiative” vision – but it’s still unclear, what that would entail.
He outlined his “Global Governance Initiative” vision – but it’s still unclear, what that would entail.
What is happening?
Chinese President Xi Jinping called for a new world order focused on the “Global South” at a summit in Tianjin.
Speaking to more than 20 non-Western leaders, Xi urged a stand against “hegemonism and power politics”—a clear jab at the United States.
Unity on display with Putin and Modi
Xi welcomed Russian President Vladimir Putin and Indian Prime Minister Narendra Modi with smiles and handshakes.
The three leaders stood together, laughing, in a moment that symbolized their alignment—whether scripted or not.
Modi and Putin share a ride
After the summit, Modi rode with Putin in the Russian leader’s armoured limousine.
He later posted that conversations with Putin are “always insightful.”
Putin called Modi “dear friend” during their meeting.
China and India keep buying Russian oil
China and India are Russia’s top oil buyers.
The U.S. has punished India with tariffs over this, but not China.
This double standard reflects the shifting power dynamics and trade tensions between East and West.
What the SCO really is
The SCO, founded in the early 2000s, is a regional security bloc.
Originally made up of China, Russia, and Central Asian nations, it expanded to include India in 2017.
It’s now becoming a major geopolitical platform.
Xi’s global governance pitch
Xi outlined his “Global Governance Initiative” but offered few details.
He criticized Western-led systems and called for more inclusive globalisation.
The SCO’s huge market, he said, presents new economic opportunities.
Putin pushes for Eurasian security
Putin praised the SCO’s “genuine multilateralism.”
He said members are using local currencies more, reducing reliance on the U.S. dollar.
He argued for a new Eurasian security model that doesn’t let one country dominate.
Big plans for SCO finance and tech
Xi proposed creating an SCO development bank.
China will also provide $280 million in aid and offer $1.4 billion in loans.
Xi invited members to join China’s AI center and lunar research station.
Xi and Modi seek common ground
During his first visit to China in seven years, Modi met with Xi to improve ties.
The two leaders agreed that their countries are partners, not rivals.
They discussed ways to boost trade and cooperation.
A show of military power ahead
Xi will host a major military parade in Beijing on Wednesday.
he event, marking Japan’s WWII surrender, will feature China’s latest weapons.
Putin and North Korea’s Kim Jong Un are expected to attend.
