China’s Xi urges regional leaders to oppose ‘Cold War mentality’ at summit
Summary
Chinese President Xi Jinping spoke at the Shanghai Cooperation Organisation (SCO) summit, urging countries to reject a "Cold War mentality" and work together for global security and development. He spoke about the need for a fairer global system and announced financial support to member countries.Key Facts
- President Xi Jinping addressed the Shanghai Cooperation Organisation (SCO) summit.
- He encouraged a rejection of "Cold War mentality" in favor of cooperation.
- Xi discussed complicated global security and development challenges.
- He proposed a more balanced global system called "multipolarisation."
- China will provide 2 billion yuan in aid and 10 billion yuan in loans to SCO countries.
- The SCO began in 2001 and now has 10 members and 16 observer countries.
- Over 20 world leaders attended the summit, including from Russia, India, and Iran.
- Analysts believe China seeks an alternative to the US-led global order through the SCO.
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