Домой GRASP/China China to Host Fellow BRICS Members at Summit

China to Host Fellow BRICS Members at Summit

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Talks in Xiamen between Brazil, Russia, India, China and South Africa to follow contentious border dispute between Beijing and New Delhi
China on Sunday hosts the annual summit of leaders from the BRICS countries — the emerging markets of Brazil, Russia, India, China and South Africa. They represent 40 percent of the global population, and observers say the talks are aimed at showcasing the nations’ combined economic might as a counter to Western domination of world affairs.
As host, China hopes to make the meeting in the southeastern city of Xiamen a landmark event. However, it is hamstrung by sharp differences among member countries on several issues, as well as lurking suspicions that China is using the Beijing-headquartered group as a platform to advance its political and business interests.
«There is no doubt that Beijing senses an opportunity to burnish its credentials as the ‘sole champion’ of globalization and multilateralism at a time when the United States, under the Trump administration, seems to be turning inward and away from multilateralism, » Mohan Malik, a professor at the Asia-Pacific Center for Security Studies at Honolulu, told VOA in an emailed response. «Lacking friends and allies, Beijing is keen to set up as many multilateral forums and financial institutions as possible to bring small- and medium-sized developing countries into its orbit.»
Some in China believe that the BRICS platform offers an opportunity to push for these causes and perhaps enhance Chinese President Xi Jinping’s image as a world leader. The question, however, is whether Russia and India, which have an array of differences with Beijing, are interested in it.
Internal squabbles
Analysts note that Moscow has serious reservations about China’s Belt and Road Initiative, an infrastructure development project making progress in central Asia, where Russia has plans to implement a similar program, called the Eurasian Economic Union. Separately, China and India have had their disagreements.
This past week, the two Asian giants carefully backed down from one of their biggest disagreements in the Himalayan region in years, agreeing to de-escalate a 10-week-old standoff on their disputed border.

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