'Symbolic solidarity': Xi, Putin and Modi set to meet Iran's Pezeshkian
(Bloomberg) -- President Donald Trump’s intensifying economic campaign against Iran is testing the limits of the security grouping Xi Jinping and Vladimir Putin have spent years expanding as a counterweight to US power.
US President Donald Trump's economic campaign against Iran has tested the limitations of the security group Xi Jinping and Vladimir Putin have been building for years. The Chinese and Russian presidents will meet Iranian counterpart Masoud Pezeshkian for the first time since the US-Israeli war against Iran at the Shanghai Co-operation Organisation (SCO) summit in Kyrgyzstan.
Indian Prime Minister Narendra Modi will also attend. The SCO, which now includes Iran and India, accounts for more than 40% of the world's population and a quarter of global GDP. While the bloc has grown, it has struggled to translate its geopolitical ambitions into concrete mechanisms for action. The prospect of further US sanctions has raised the stakes for a group seeking to challenge the western-dominated world order.
Chinese Foreign Ministry spokesman Lin Jian said Xi would hold "in-depth exchanges" with leaders on deepening SCO co-operation under the "new circumstances" facing the world.
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