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  • 4 months ago
More than 20 leaders met in Tianjin at the Shanghai Cooperation Organization summit, where President Xi Jinping pushed for a new development bank and a broader challenge to the US-led world order. India’s Narendra Modi and Russia’s Vladimir Putin were prominent in the summit’s optics as member states signaled a broader non-western alignment.

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00:00This marks the end of more than 20 national leaders meeting in Tianjin, China.
00:05At the Shanghai Cooperation Organization Summit,
00:08Chinese President Xi Jinping pushed for a new, multilateral world order.
00:26In a joint declaration, member states agreed to establish
00:29a new development bank.
00:31China also pledged about 280 million U.S. dollars in aid
00:35and 1.4 billion in loans this year to support the bloc.
00:41India and Russia were central to both the optics and message of the summit,
00:45with their leaders standing together and praising ties,
00:48after new U.S. tariffs on India took effect last week
00:51over its purchases of Russian oil.
00:53This sentiment, echoed by Russian President Vladimir Putin, referring to Modi as a dear friend,
01:19and lauding their cooperation on the international stage.
01:25Putin also met with the leaders of Iran, Vietnam, and Turkey,
01:30signaling a broader, non-Western alignment.
01:34Wrapping up the summit,
01:35China's foreign minister echoed his leader,
01:38calling for an end to what he called the monopoly on global governance.
01:41China ends the summit, its largest ever, with momentum.
02:00Now, the bloc of nations will find out if declarations can result in deliveries.
02:04Patrick Chun and Chris Gorin for Taiwan Plus.
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