Chinese President Xi Jinping urged Shanghai Cooperation Organization members to leverage their “mega-scale market” on Monday, while unveiling his ambition for a new global security and economic order that poses a challenge to the United States.<\/p>\n
The Shanghai Cooperation Organization (SCO) has set a model for a new type of international relations, Xi said in opening remarks addressing more than 20 world leaders at a two-day summit held in northern China’s port city Tianjin.<\/p>\n
“We should advocate for equal and orderly multi-polarization of the world, inclusive economic globalization and promote the construction of a more just and equitable global governance system,” he said.<\/p>\n
China will provide 2 billion yuan ($280 million) of free aid to member states this year and a further 10 billion yuan of loans to a SCO banking consortium, he added.<\/p>\n
“We must take advantage of the mega-scale market… to improve the level of trade and investment facilitation,” said Xi, urging the bloc to boost cooperation in fields including energy, infrastructure, science and technology, and artificial intelligence.<\/p>\n
Russia’s Vladimir Putin, Indian Prime Minister Narendra Modi and other leaders from Central Asia, the Middle East, South Asia and Southeast Asia attended the opening ceremony in a major show of Global South solidarity.<\/p>\n
The security-focused bloc, which began as a group of six Eurasian nations, has expanded to 10 permanent members and 16 dialogue and observer countries in recent years.<\/p>\n","protected":false},"excerpt":{"rendered":"
Chinese President Xi Jinping urged Shanghai Cooperation Organization members to leverage their “mega-scale market” on Monday, while unveiling his ambition for a new global security and economic order that poses a challenge to the United States. The Shanghai Cooperation Organization (SCO) has set a model for a new type of international relations, Xi said in …<\/p>\n","protected":false},"author":2,"featured_media":53689,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13,25],"tags":[],"class_list":["post-53687","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","category-news-2"],"_links":{"self":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/53687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/comments?post=53687"}],"version-history":[{"count":1,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/53687\/revisions"}],"predecessor-version":[{"id":53690,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/53687\/revisions\/53690"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/media\/53689"}],"wp:attachment":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/media?parent=53687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/categories?post=53687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/tags?post=53687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}