US EditionChina's Xi Seeks Expanded Role for Shanghai Cooperation Organization with Development Bank
- Chinese President Xi Jinping attended the annual Shanghai Cooperation Organization summit in Tianjin on September 1, 2025.
- The summit followed a history of security focus and a 2020 border dispute freeze between China and India, which Xi and Modi vowed to resolve.
- At the summit, Xi announced that China would provide $1.4 billion in financing to SCO member countries over the coming three years and revealed plans to expedite the establishment of a development bank aimed at broadening the organization’s activities.
- Xi emphasized the importance of rejecting Cold War thinking, avoiding bloc rivalries and coercion, and reinforcing the United Nations’ central role while advocating for a fair multipolar world order; meanwhile, Putin criticized discriminatory sanctions that hinder global socioeconomic progress.
- The SCO seeks a larger global role amid US decline, but its influence remains uncertain and it continues mainly as a security forum addressing 'three forces': terrorism, separatism, and extremism.
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86 Articles
In Tianjin, China's President led the Shanghai Cooperation Organization summit on Sunday, August 31 and Monday, September 1, in the presence of Modi and Putin. A forum that strengthens China's influence on the international scene and rivalry with Washington.
Chinese President Xi Jinping reached an agreement with partner countries to create a new development bank, making a long-standing ambition come true and a sign of Beijing's growing influence. Members of the Shanghai Cooperation Organization agreed to establish the institution, China's Foreign Minister Wang Yi said Monday at the end of the two-day summit of the SCO that brought together Xi's closest international allies in the Chinese port city o…
China wants to extend the influence and reach of the organization, devoted mainly to the security of its members.
Beijing is taking advantage of the gap in international relations created by America's President Trump. Never more heads of state and government came to the Shanghai Cooperation Organisation.
China's Xi Seeks Expanded Role for Shanghai Cooperation ...
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