Chinese President Xi Jinping outlines plans for new development bank and financing options for SCO members.
China and Russia presented their vision of a new international order at the Shanghai Cooperation Organisation (SCO) summit, where Beijing offered new financial incentives to countries aligned with the Beijing-led economic and security group.
“Global governance has reached a new crossroads,” Chinese President Xi Jinping told the summit on Monday, in remarks that were widely seen as a…
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News Source: www.aljazeera.com
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