China’s president is ditching the G20 – Details

TL;DR Breakdown

  • China’s President Xi Jinping is notably skipping the G20 summit in New Delhi.
  • Instead, Premier Li Qiang will represent China during the September event.
  • Xi’s absence might undermine India’s attempts to spotlight its growing global influence.

Description

President Xi Jinping of China is taking a pass on the upcoming G20 summit in New Delhi. It’s a resounding decision that not only punctuates the tenuous dynamics among global powerhouses but also signals China’s growing confidence in the international stage. The Implications of China’s No-Show The first time the Chinese leader is absent from … Read more

President Xi Jinping of China is taking a pass on the upcoming G20 summit in New Delhi. It’s a resounding decision that not only punctuates the tenuous dynamics among global powerhouses but also signals China’s growing confidence in the international stage.

The Implications of China’s No-Show

The first time the Chinese leader is absent from a G20 summit, this decision is packed with political undertones. Rather than Xi gracing the event, Premier Li Qiang is set to be China’s representative during the September 9-10 gathering in India’s capital.

Now, is this just a scheduling conflict or a strategic play? That’s the burning question in the corridors of power. Xi’s decision casts a shadow over the Narendra Modi government’s efforts to project India as a booming economy and growing geopolitical force.

Especially since the summit was perceived by many as a platform for potential discourse between Xi and the US president, Joe Biden. Yet the geopolitical undercurrents run deeper than just missed opportunities for diplomatic small talk.

The Himalayan border disputes have been a thorn in China and India’s relations, setting both nations on edge. With a backdrop of high tensions and unresolved differences, Xi’s absence from the summit could be interpreted as a strategic snub.

A Strategic Game in Play?

The G20 isn’t without its internal challenges. Divisions among its members have been mounting, with the west and developing nations, like China and Russia, clashing over issues such as the conflict in Ukraine and climate change.

With diplomats managing expectations about potential breakthroughs during the summit, Xi’s no-show may further downplay the forum’s significance.

While it’s evident that the G20 has been a critical platform for China to establish its geopolitical presence and counterbalance the US’s influence, the very act of Xi not attending could be a louder statement than his presence.

This sentiment is echoed by Zhang Baohui, a geopolitical expert, who believes that the G20 has been China’s stage to sculpt the global narrative, in a competitive tussle against American discourses.

But let’s not forget the sparring giants of Asia: India and China. Their longstanding border disagreements have been more than just political posturing; they’ve led to violent confrontations with casualties on both sides.

With India insisting on normalized ties only once the border standoff is settled, China’s stances in the lead-up to the summit have left many wondering about its larger strategy.

There’s speculation that China might be aiming to dampen the G20 forum and its final summit, a time when India is poised to grab the spotlight, given its surging economic trajectory and demographic leverage.

As Indrani Bagchi, a notable analyst, candidly puts it, China’s reluctance to see India helm a successful G20 summit is palpable.

Interestingly, this isn’t the first time a major player has chosen to be absent from the G20 talks. Russian President Vladimir Putin has also announced his intention not to participate, mirroring his absence from a previous summit in Bali.

In the world of geopolitics, sometimes absence speaks louder than words. And as nations converge for the G20, the chairs left empty by their leaders might just set the stage for a new era of international relations.

One thing is clear: the game of global power dynamics is ever-evolving, and all eyes are on China as it continues to chart its path.

Disclaimer: The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

文章来源于互联网:China’s president is ditching the G20 – Details

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年9月1日 10:20
Next 2023年9月1日 13:43

Related articles

  • Boohoo: SBF is living off water and bread in jail

    Description It’s a grim narrative that seems unimaginable for someone once hailed as a billionaire in the glitzy world of cryptocurrency. Sam Bankman-Fried, the brain behind the now-collapsed FTX cryptocurrency exchange, finds himself enduring jail conditions where bread and water are his primary sustenance. His request for a vegan diet, so far, has fallen on deaf … Read more It’s a grim narrative that seems unimaginable for someone once hailed as a billionaire in the glitzy world of cryptocurrency. Sam Bankman-Fried, the brain behind the now-collapsed FTX cryptocurrency exchange, finds himself enduring jail conditions where bread and water are his primary sustenance. His request for a vegan diet, so far, has fallen on deaf ears. Boohoo, Sam. From Billionaire to Bread and Water SBF, as the crypto world often refers to him, is currently held at Brooklyn’s Metropolitan Detention Center, awaiting his trial set for October. There’s a lot to unpack here. SBF isn’t just any inmate; he’s a key player from the digital gold rush, a world of decentralized finance and big dreams. Now, he’s making headlines for all…

    Article 2023年8月23日
  • Liquity price analysis: LQTY steps down to $1.34 as selling pressure rises

    TL;DR Breakdown Liquity price analysis is strongly bearish today. Resistance is present at $1.42. The support for LQTY is present at $1.21. Today’s Liquity price analysis leans towards bears, driven by an observed decrease in price. The market follows a bearish trend, facing losses as the price remains below $1.45 and descends to $1.34. The strengthening bearish momentum suggests a possible further decline. LQTY/USD 1-day price chart: Bearish sentiment prevails as Liquity price analysis points to a decrease in value. The bearish trend confirmed in the latest one-day Liquity price analysis is causing the price to decline once again. At the time of writing, the LQTY/USD pair is trading at $1.34 as selling pressure dominates the market and bearish momentum resurfaces. Despite this, the crypto pair still shows a 3% increase over the last 24 hours and impressive gains of 13% over the past week. Additionally, the trading volume has risen by 52%, resulting in a market dominance of 0.01%. lqt1dfr The volatility is on the rise, with the upper limit of the Bollinger bands at $1.94 and the lower…

    Article 2023年5月18日
  • Singapore busts a $1 billion money laundering ring, seizing assets and crypto

    TL;DR Breakdown Singapore detains 10 foreign nationals in a significant operation against money laundering, forgery, and resistance to authorities. Assets worth around $1 billion, including properties, vehicles, and crypto, have been confiscated, dealing a blow to illicit activities. Most suspects possess Chinese passports, hinting at potential transnational involvement in these financial crimes. Description Singaporean law enforcement has taken a significant stride in combating financial crime, apprehending 10 foreign nationals suspected of laundering money. The arrests also encompass allegations of forgery and resistance to lawful authorities. The operation yielded an impressive haul of assets, totaling approximately S$1 billion ($735 million), a substantial blow to illicit activities. Most detained individuals … Read more Singaporean law enforcement has taken a significant stride in combating financial crime, apprehending 10 foreign nationals suspected of laundering money. The arrests also encompass allegations of forgery and resistance to lawful authorities. The operation yielded an impressive haul of assets, totaling approximately S$1 billion ($735 million), a substantial blow to illicit activities. Most detained individuals held Chinese passports, suggesting a potential transnational dimension to their activities. These suspects were…

    Article 2023年8月17日
  • What a crypto fraud family affair! An in-depth look at SBF’s family involvement in FTX.

    TL;DR Breakdown Sam Bankman Fried (SBF) remains one of the worst crypto villains in the crypto industry, and as time goes by, evidence shows that his family played a vital role in the collapse of FTX. At the start of his career, SBF relied on his family to run FTX. His father, Joseph, played a role in various FTX fields, while his mother, Barbra, prided herself as her son’s partner in crime and seemed to have a hand in the company affairs. Reports have it that SBF’s family has constantly tried to jeopardize the case by paying off key witnesses. Description The Sam Bankman Fried (SBF) trial is now a family affair as the accused parents are now suspected of also being involved with their son’s activities of defrauding the multi-billion crypto exchange. SBF’s parents, Joseph Bankman and Barbara Fried have offered their son unwavering support as he faces multiple counts of money laundering and fraud … Read more The Sam Bankman Fried (SBF) trial is now a family affair as the accused parents are now suspected of also being…

    Article 2023年9月24日
  • Hooked Protocol price analysis: HOOK soars in the direction of $1.48 as bullish momentum returns.

    TL;DR Breakdown Hooked Protocol price analysis shows a bullish trend Resistance for HOOK is present at $1.50 Support for HOOK/USD is present at $1.41 Hooked Protocol price analysis is on a bullish trend today, with the HOOK/USD pair rising to the $1.48 mark. The bulls have been pushing hard on the current support level of $1.41 as they attempt to break through the resistance at the $1.50 mark, which appears to be a key psychological level for traders. The price is currently trading at $1.48 after having gained more than 2.48% in the last 24 hours. The volume has also seen an increase, with over $28 million up over the last 24 hours. This indicates that traders are expecting a further rise in price. The bullish momentum is expected to continue as the coin is supported by strong buying pressure and a strong bullish trend line. Hooked Protocol price analysis 1-day chart: HOOK trades above $1.48, gaining over 2.48% The Hooked Protocol price analysis is on the bullish side today. Bulls have taken the price up to the $1.48 mark,…

    Article 2023年6月6日
TOP