3 h. ago How an SCO development bank could shift the global financial order

At the 25th Shanghai Cooperation Organisation summit in Tianjin this week, Chinese President Xi Jinping urged member states to accelerate the creation of an SCO development bank, a proposal that could mark a turning point in Asia’s financial landscape. While headlines focused on the high-profile presence of Russian President Vladimir Putin and Indian Prime Minister Narendra Modi, Xi’s proposal points to the SCO’s evolution from a security bloc into a financial actor. Xi also pledged US$1.4...

Economics

18 h. ago Indonesia’s Prabowo attends China’s military parade as protests rage at home

Despite a deadly anti-government protest raging across his country, Indonesian President Prabowo Subianto stood overlooking Beijing’s Tiananmen Square watching China’s grand military parade with a group of world leaders. His one-day trip was appreciated by Beijing, with the Chinese foreign ministry saying it “welcomed” the visit. Earlier this week, when Prabowo decided to skip the Shanghai Cooperation Organisation (SCO) summit, the ministry said it “respected” Jakarta’s decision. Prabowo joined...

Events

40 h. ago Foreign leaders ride the rapid rails of China’s tech prowess after SCO summit

A slew of foreign leaders took China’s signature high-speed railway from the northern port city of Tianjin to Beijing on Monday and Tuesday, having departed from the Shanghai Cooperation Organisation (SCO) summit to attend a Victory Day parade. Seven state leaders arrived on Monday night: President of Belarus Aleksandr Lukashenko, Prime Minister of Pakistan Shehbaz Sharif, President of Kazakhstan Kassym-Jomart Tokayev, President of Uzbekistan Shavkat Mirziyoyev, President of the Maldives Mohamed...

Politics

60 h. ago India signals no oil import cut from Russia, ‘eagerly’ awaits Putin visit

Indian Prime Minister Narendra Modi told Russian President Vladimir Putin on Monday that the two countries should deepen cooperation “in all sectors”. The remark was a strong indication that New Delhi would not cut back on crude oil imports from Russia despite pressure from the US. Modi also expressed strong enthusiasm for welcoming Putin to India, in a subtle rebuke of US President Donald Trump. As they met on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in Tianjin, Modi...

Politics

68 h. ago 6 takeaways from Shanghai Cooperation Organisation summit opening

Chinese President Xi Jinping called on members of the Shanghai Cooperation Organisation (SCO) to uphold international fairness and justice while pursuing mutually beneficial economic and cultural cooperation. Xi made the remarks at the official meeting of the SCO leaders during their annual summit in China’s northern city of Tianjin on Monday. Alongside a keynote speech by Xi, leaders from Belarus, India, Iran, Kazakhstan, Pakistan, Kyrgyzstan, Tajikistan, Uzbekistan and Russia gave...

Politics

2 d. ago At summit, China’s Xi announces talent scheme, calls for SCO development bank

This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. China is hosting the annual Shanghai Cooperation Organisation (SCO) summit in the northern port city of Tianjin, to be attended by dozens of world leaders and chiefs of international organisations. On Monday, President Xi Jinping kicked off the official meeting with leaders of SCO member...

Politics

2 d. ago China’s Xi pushes SCO bank as Putin deflects Ukraine blame – as it happened

This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. China is hosting the annual Shanghai Cooperation Organisation (SCO) summit in the northern port city of Tianjin, to be attended by dozens of world leaders and chiefs of international organisations. On Monday, President Xi Jinping kicked off the official meeting with leaders of SCO member...

Politics

3 d. ago Xi to Modi: the Chinese ‘dragon’ and the Indian ‘elephant’ need to be good friends

The world’s two most populous countries need to be friends, Chinese President Xi Jinping told visiting Indian Prime Minister Narendra Modi on Sunday. Meeting on the sidelines of a Shanghai Cooperation Organisation summit in the northern Chinese city of Tianjin, Xi told Modi that the two countries could be good neighbours and play a key part in the Global South, according to footage posted online. “China and India are two of the most ‘civilisational’ countries. We are the world’s two most...

Politics

3 d. ago SCO summit a chance for China to assert itself as stable world power for peace

As Chinese President Xi Jinping welcomes a host of world leaders for the Shanghai Cooperation Organisation (SCO) summit, he is delivering one overarching message – that China is a stable power that will protect peace and champion the developing world. Xi launched a flurry of Chinese diplomacy in the northern city of Tianjin on Saturday by meeting five state leaders and UN Secretary General Antonio Guterres ahead of Sunday’s start to the SCO’s two-day summit. He told Guterres that China was a...

Politics

3 d. ago At SCO summit, Xi Jinping frames China as a source of certainty

As Chinese President Xi Jinping welcomes a host of world leaders for the Shanghai Cooperation Organisation (SCO) summit, he is delivering one overarching message – that China is a stable power that will protect peace and champion the developing world. Xi launched a flurry of Chinese diplomacy in the northern city of Tianjin on Saturday by meeting five state leaders and UN Secretary General Antonio Guterres ahead of Sunday’s start to the SCO’s two-day summit. He told Guterres that China was a...

Politics

4 d. ago Putin, Modi visit China for Shanghai Cooperation Organisation summit

Putin, Modi visit China for Shanghai Cooperation Organisation summit  yahoo.com

Politics

4 d. ago Russia’s Putin vows to deepen China ties, slams ‘distortion’ of WWII history

Russian President Vladimir Putin has condemned “attempts to distort” World War II history while pledging to deepen strategic collaboration with China on the eve of a state visit to the country. During his four-day trip, described by the Kremlin as “absolutely unprecedented”, Putin is expected to join regional leaders for the Shanghai Cooperation Organisation (SCO) summit in Tianjin on Sunday, before holding bilateral talks with Chinese President Xi Jinping in Beijing on Tuesday. On Wednesday,...

Politics

8 d. ago India still needs China to catch up with Chinese manufacturing

Indian Prime Minister Narendra Modi will arrive in Tianjin on Sunday for the Shanghai Cooperation Organisation summit, his first visit to China in seven years, against a backdrop of the United States’ 50 per cent tariffs on India. As India and China mark the 75th anniversary of diplomatic relations, they must not let the unfortunate Ladakh clashes of 2020 overshadow their win-win future. Among non-communist states, India was the first Asian nation to recognise the People’s Republic of China....

Politics

9 d. ago Beijing expands its influence in Eurasia as Trump triggers geopolitical shifts

While United States President Donald Trump aims to end – or at least freeze – the Ukraine conflict and portray himself as a peacemaker, China seems to be quietly expanding its influence in Eurasia – a region that Halford Mackinder, “the father of geopolitics”, viewed as the key to global power. The coming Shanghai Cooperation Organisation summit, scheduled to start on August 31 in Tianjin, is expected to provide another opportunity for Beijing to strengthen its political, economic and military...

Politics

1 week ago How will China assert its diplomatic clout at SCO summit amid global challenges?

China is gearing up for an intense week of diplomacy as it finalises preparations for the Shanghai Cooperation Organisation summit in Tianjin this month, followed by a grand military parade in Beijing to commemorate the end of World War II. All eyes will be on how China asserts its diplomatic clout and positions itself as a world power to be reckoned with at a time when global geopolitical tensions are on the rise. On Friday, China’s foreign ministry officially announced a list of more than 20...

Politics

1 week ago China and India are rebuilding relations, but will it be ‘a cold peace’?

From a new border agreement to resuming direct flights and deepening economic cooperation, China and India appear to be entering a new diplomatic chapter following Chinese Foreign Minister Wang Yi’s first visit to New Delhi in three years. There could be a further thaw in ties when Indian Prime Minister Narendra Modi travels to Tianjin at the end of the month – his first trip to China in seven years – for the Shanghai Cooperation Organisation summit, when he could also meet Chinese leader Xi...

Politics

2 w. ago China confirms Indian Prime Minister Narendra Modi will visit at end of month

Chinese Foreign Minister Wang Yi has confirmed that Indian Prime Minister Narendra Modi will visit China at the end of the month for the Shanghai Cooperation Organisation (SCO) summit. His comments, made during talks on the two countries’ border dispute with Indian national security adviser Ajit Doval on Tuesday, came in the wake of a series of reports in Indian media that the visit would go ahead. It will be Modi’s first trip to China in seven years and raises expectations he will meet Chinese...

Politics

3 w. ago Indian Prime Minister Modi ‘set for China visit’ amid Trump tariff row

Indian Prime Minister Narendra Modi will visit China later this month, according to media reports, as the thaw between the two countries gathers pace at a time when New Delhi’s relations with the United States have been hit by growing trade tensions. Modi will visit between August 31 and September 1 for a Shanghai Cooperation Organisation (SCO) summit in the northern city of Tianjin, according to multiple Indian outlets. Ties between the two Asian giants have seen a steady improvement in recent...

Politics