Xi Jinping Criticizes 'Bullying Practices' at SCO Summit
Chinese President Xi Jinping condemned 'bullying practices' and advocated for multilateralism during the Shanghai Cooperation Organization summit in Tianjin, attended by leaders including Russia's Vladimir Putin and India's Narendra Modi.
At the Shanghai Cooperation Organization (SCO) summit in Tianjin, Chinese President Xi Jinping criticized 'bullying practices' in international affairs and called for enhanced multilateral cooperation. Addressing leaders such as Russian President Vladimir Putin and Indian Prime Minister Narendra Modi, Xi emphasized the need to 'oppose the Cold War mentality, bloc confrontation, and bullying practices.'
Xi proposed several initiatives to strengthen the SCO's role, including the establishment of an SCO Development Bank and a regional center to address security challenges. He also announced plans for 100 small-scale livelihood projects across member states, particularly targeting those in need.
The summit, attended by over 20 leaders, underscored China's efforts to position the SCO as a counterbalance to Western-led institutions. Xi highlighted the organization's growth, noting that its combined GDP is approaching $30 trillion, with Chinese investment in member states exceeding $84 billion.
The gathering precedes China's Victory Day parade in Beijing, commemorating the 80th anniversary of the end of World War II. The event is expected to feature advanced military hardware and will be attended by international dignitaries, including Putin and North Korean leader Kim Jong Un.
Source
politico.euFact-checking
Fact-check the facts of the article using external sources and databases.