Xi to attend BRICS Summit in South Africa next week

Chinese President Xi Jinping is set to attend the BRICS leaders’ meeting and visit South Africa from August 21 to 24. The BRICS summit brings together leaders from Brazil, Russia, India, China, and South Africa, aiming to discuss ways to enhance their collective influence on the global stage.

The BRICS countries collectively account for a quarter of the global economy and are seeking to challenge the dominance of Western powers in global affairs. The leaders’ meeting in Johannesburg will focus on expanding the group’s influence and potentially welcoming new members.

Russian President Vladimir Putin, who faces an international arrest warrant over alleged war crimes in Ukraine, will attend the summit via a video call instead of being present in person.

Approximately 40 nations have expressed interest in joining BRICS, either formally or informally, with countries like Saudi Arabia, Argentina, and Egypt showing interest. China has been supportive of expansion as it aims to increase its global influence, while Russia is also in favor of expansion. However, Brazil is cautious about expansion, fearing that it could dilute the club’s standing. India’s stance on expansion remains uncertain.

In addition to participating in the BRICS meeting, President Xi will co-chair the China-Africa Leaders’ Dialogue with South African President Cyril Ramaphosa. This reflects China’s ongoing efforts to strengthen its relationships with African nations and promote its geopolitical influence in the region.

Elevate your business with QU4TRO PRO!

Gain access to comprehensive analysis, in-depth reports and market trends.

Interested in learning more?

Sign up for Top Insights Today

Sign up for Top Insights Today

Top Insights Today delivers the latest insights straight to your inbox.

You'll get daily industry insights on

Energy, Cleantech, Oil & Gas, Mining, Defense, Aviation, Construction, Transportation, Online Retail, Bigtech, Finance and Politics of Business

By clicking subscribe you agree to our privacy and cookie policy and terms and conditions of use.

Read more insights

US explores cobalt acquisition for defense stockpiles amid China dependency concerns

Last year, the United States explored the possibility of acquiring cobalt for defense stockpiles. Although the Defense Logistics Agency (DLA) opted not to include cobalt purchases in its latest plan, it might consider them in the future. Any potential increase in cobalt reserves would be intended…

German automakers want government action against China’s espionage laws

The German automotive association, VDA, is poised to release a comprehensive position paper that stresses the importance of safeguarding business information confidentiality in China’s recently enacted anti-espionage laws. This move comes in response to the German government’s publication of its first-ever China strategy in July.

NATO ramping up security in the Baltics after sub-sea infrastructure damage

NATO has announced that it will bolster its patrols in the Baltic Sea region in response to recent incidents involving damage to undersea infrastructure in the area. The military alliance has detailed plans to step up its surveillance and reconnaissance measures, which will involve…

Stay informed

error: Content is protected !!