China’s Xi unveils vision for new global order at security forum
Summary
Chinese President Xi Jinping outlined a vision for a new global security and economic order at the Shanghai Cooperation Organisation summit in Tianjin, urging members to leverage their market strength and promote equitable global governance.
Key Points
- Chinese President Xi Jinping unveiled a vision for a new global security and economic order challenging the US-led system at the SCO summit.
- Xi called for multipolarisation, inclusive globalisation, and a fair global governance system.
- China pledged 2 billion yuan in aid and 10 billion yuan in loans to SCO members to boost cooperation in trade, energy, technology and AI.
- Leaders including Russia's Vladimir Putin and India's Narendra Modi showed Global South solidarity and discussed improving trade ties amid global tariff uncertainties.
