00:00China and Russia could strengthen their bid for global leadership
00:04if U.S. President Donald Trump sidelines the Shanghai Cooperation Organization, SCO,
00:10a political analyst warns.
00:12Dr. Jai Yanchong of the National University of Singapore, however,
00:16cautions that the grouping's ability to deliver concrete results remains uncertain.
00:23It's a different story.
00:24So what you might notice from the last SCO meeting was that there was an offer by Beijing
00:32to provide development assistance for SCO members to the tune of 200-plus million U.S. dollars.
00:40That does not fill in the gap that the cancellation of USAID funds has created.
00:48And we've talked about, we've seen Xi also think of creating a new development bank
00:57that the PRC is willing to put up, something like 1.5 billion U.S. dollars.
01:04These, in terms of the sheer quantum, looks like a lot.
01:08But if you think back about 10, 12 years ago with the Belt and Road Initiative,
01:15those numbers that were thrown out then were much, much higher.
01:18So while there is some articulation of intent, so far,
01:25if you were to look at Russia and China putting their money where their mouth is,
01:32it isn't quite there yet.
01:34And what Russia can bring to the table is fairly limited.
01:37Their resources seem to be very tied down in their invasion of Ukraine.
01:41And they, in fact, need a lot of PRC support economically with Beijing buying oil and gas
01:48and also providing consumer and dual-use equipment.
01:54So, you know, I think we'll have to see if there's anything concrete that comes out of these sets of meetings.
02:01The pomp and circumstance, in some regard, is easy to do.
02:04The follow-up is difficult.
02:07Chong also cautioned that it is unclear how Trump will respond to Beijing's recent efforts
02:12to use the Shanghai Cooperation Organization to bring Russia and India under one roof.
02:18He noted the Trump administration could respond in several ways,
02:22including imposing additional tariffs, tightening restrictions,
02:25or strengthening Washington's forward military presence in the Indo-Pacific.
02:29His impression of English choirkenntnice, thegel to carry Russia's first member of the Americans
02:35of India under the مت response.
02:37Hey, that means that he does not individuencia China because it does not have been held for consistently,
02:40like the United Statesgh согласstan.
02:42Then he did not witness the방s during the Japanese episode.
02:44And he said, the пол- derivation is not much as good as Bojيل to countries.
02:48So, we actually know that people report at all last Qatar are painted for Christmas
02:52changing trips, but really not doable in the South Turkey market.
02:55And further on this menu, the meeting is not known as good as he talks about the Island advertise скоро
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