China Strengthens Global Alliances and Pushes for New World Order
TL;DR Summary
Chinese President Xi Jinping secured agreement from SCO member countries to establish a new development bank, marking a significant boost to Beijing's influence and a step towards regional economic cooperation, amidst broader geopolitical tensions and efforts to challenge US-led global governance.
- China-Led Bloc Agrees to Set Up Development Bank in Win for Xi Bloomberg.com
- Xi and Putin stand shoulder to shoulder as China casts itself as an alternative global leader CNN
- China's Xi pushes a new global order, flanked by leaders of Russia and India Reuters
- Xi Jinping criticises ‘bullying behaviour’ and Putin blames west for Ukraine war at Shanghai summit The Guardian
- News Wrap: China welcomes closest allies to annual security summit PBS
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