Xi Jinping and Putin Pledge Closer Ties at BRICS Summit Amid Global Tensions

Team Finance Saathi

    23/Oct/2024

What's covered under the Article:

Xi Jinping and Putin reaffirm their strong partnership at the BRICS Summit in Kazan, focusing on global security and just world order.

Xi emphasizes that China and Russia are forces of stability in a chaotic international environment, deepening cooperation on multilateral platforms.

Both leaders highlight the growing importance of BRICS in promoting equal and inclusive global governance and resisting Western hegemony.

At the BRICS Summit in Kazan, Russia, Chinese President Xi Jinping and Russian President Vladimir Putin met to reinforce their long-standing strategic partnership, presenting a united front amid rising global tensions. As the two most powerful adversaries of the West, Xi and Putin expressed their commitment to deeper cooperation, highlighting the importance of the BRICS platform in promoting global multipolarity and resisting Western dominance.

Putin greeted Xi Jinping warmly at the summit, referring to the Chinese leader as his "dear friend" and noting that Russian-Chinese cooperation is one of the main stabilizing factors on the global stage. Both leaders discussed the significance of their relationship in the context of ongoing geopolitical challenges. Xi Jinping emphasized that China and Russia have developed a unique way of engaging with each other as neighboring powers, focusing on non-alliance, non-confrontation, and not targeting any third parties in their relationship.

In his remarks, Putin praised the depth of Russian-Chinese collaboration on global affairs, stating that their cooperation contributes to global security and a just world order. He noted that both countries are committed to enhancing coordination on multilateral platforms to address international issues such as climate change, economic cooperation, and security.

BRICS as a Platform for Emerging Markets

During the bilateral meeting, Xi Jinping described BRICS as the most important platform for solidarity and cooperation among emerging market countries and developing nations. He emphasized that BRICS has become a mainstay force in advocating for global multipolarity and promoting an inclusive and tolerant form of economic globalization. Xi's vision for BRICS is rooted in its potential to reshape global governance in favor of emerging economies, ensuring that their voices are heard in international decision-making processes.

The BRICS grouping—comprised of Brazil, Russia, India, China, and South Africa—has been a crucial forum for these countries to assert their role in the global economic and political arena. China and Russia, in particular, see BRICS as a counterbalance to the Western-dominated institutions such as the United Nations, the International Monetary Fund (IMF), and the World Bank. As the BRICS Summit unfolds, the two leaders are expected to push for reforms in these institutions to ensure a more equitable global order.

Xi Jinping: 'World is in Chaos, but China-Russia Friendship Will Endure'

In a powerful statement during the summit, Xi Jinping acknowledged that the world is currently gripped by significant changes and chaos not seen in over a century. However, he affirmed that China's strategic partnership with Russia will endure and continue to act as a force of stability amid these challenges. This message is consistent with Xi's broader vision of China's role in global governance, where Beijing seeks to align with Russia in resisting what both nations view as the decline of Western power.

Xi told Putin that despite the chaos in the international situation, China is committed to maintaining its close relationship with Russia, underlining that this partnership would continue for generations. The BRICS Summit provided a stage for both leaders to reiterate their shared vision of a multipolar world, where emerging powers like China and Russia play a pivotal role in shaping global outcomes.

Russia and China: Common Geopolitical Interests

Russia and China have found common ground in their geopolitical interests, particularly in resisting pressure from the United States and its allies. Russia, engaged in a conflict with NATO-backed Ukraine, and China, facing increased scrutiny from the U.S. over its economic and military expansion, view their partnership as essential for pushing back against Western hegemony.

In his remarks, Xi Jinping framed the China-Russia relationship as one built on mutual respect and shared goals. Both nations are united in their opposition to what they perceive as the U.S.-led global order, which they argue has sown instability and chaos across the world. The BRICS Summit represents an opportunity for China and Russia to showcase their vision of an alternative global system, where emerging economies hold more power and influence.

The West’s View of China-Russia Relations

The growing closeness between China and Russia has raised concerns in the West, particularly in the United States, which views both countries as significant threats to its global dominance. President Joe Biden has repeatedly cast China as America's biggest competitor and Russia as its most immediate nation-state threat. This narrative of competition and confrontation has deepened tensions between the two blocs, with both Moscow and Beijing dismissing Biden’s comments as unproductive.

Biden has referred to Xi Jinping as a "dictator" and Putin as a "killer," underscoring the deep mistrust between the leaders of these major global powers. Despite these sharp exchanges, Xi and Putin have pledged to strengthen their alliance, viewing it as a crucial element in maintaining global balance and promoting a more just and inclusive world order.

Conclusion: A New Era of China-Russia Relations

As the BRICS Summit in Kazan progresses, the meeting between Xi Jinping and Vladimir Putin highlights the deepening strategic partnership between China and Russia. Both nations are committed to multilateral cooperation and the reform of global governance, positioning themselves as stabilizing forces in a world they describe as dominated by chaos and instability.

This partnership, rooted in shared geopolitical interests and a common vision for the future, challenges the Western agenda and underscores the significance of emerging economies in shaping the future of global governance. With the BRICS platform serving as a key vehicle for this vision, China and Russia are poised to continue their efforts in promoting global security and advocating for a multipolar world order that counters the influence of the West.

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