Index Investing News
Monday, October 6, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Is Xi Jinping’s G20 summit pass a ‘missed opportunity’ or a sign of things to come?

by Index Investing News
September 9, 2023
in World
Reading Time: 4 mins read
A A
0
Home World
Share on FacebookShare on Twitter


As world leaders gather this weekend in New Delhi for the Group of 20 summit, Chinese President Xi Jinping’s decision not to attend the event has thrown a possible meeting in November with US President Joe Biden further into question.

The move has also prompted speculation about whether the decision signaled changing priorities for Beijing’s global relationships.

This week, Beijing confirmed that Premier Li Qiang would attend the G20 summit in India in place of Xi – without explanation – marking the first time that the Chinese leader will miss the annual forum of major world economies.

Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.

The announcement came just two weeks after Xi observed a historic expansion of the Brics grouping of emerging and developing economies while attending the bloc’s summit in South Africa, prompting speculation that China was turning more attention to boosting its alliances with developing nations amid tensions with the West.

While analysts said China’s economic slowdown and tensions with India may have contributed to Xi’s decision to pass on the G20 summit, they believe the move has cast more uncertainty over a possible meeting with his US counterpart.

“It is certainly a missed opportunity to meet with Biden [at the G20], which makes Xi’s decision all the more puzzling,” said Bates Gill, executive director of Asia Society Policy Institute’s Centre for China Analysis.

“This may not bode well for Xi’s attendance at November’s Asia-Pacific Economic Cooperation [Apec] summit in San Francisco,” he said.

Raffaello Pantucci, a senior fellow at the S Rajaratnam School of International Studies in Singapore, said Xi’s G20 no-show could mean he is not yet ready to meet Biden, despite recent signs of a thaw in relations between the two countries.

Whether the pair would be ready to meet in time for Apec in San Francisco also remained uncertain, he said.

“They would want [the meeting] to happen in a forum that the Chinese control much more,” he said.

“I think there’s a fear that they might find themselves in an awkward position in a foreign country, having to somehow appear to be trying to curry favour with the Americans.”

“[Apec] would be on American soil. It would be a foreign meeting … it will make it harder for [China],” Pantucci said, adding that whether the meeting could happen depends on who will be willing to “accept a compromise” considering their ongoing tensions.

US officials told NBC last week that an in-person meeting between the two leaders could happen during the November summit, but China’s top spy agency appeared to want to undercut such expectations.

Before Beijing confirmed on Monday that Xi would not attend the G20, China’s security ministry accused Washington of being “two-faced” in its China policy, calling on the US to “show real sincerity” if it wanted the two leaders to meet during the Apec summit.

Yun Sun, director of the Washington-based Stimson Centre’s China programme, said the two governments are still “working on the details on how to improve bilateral relations” before approving the November meeting, but concrete results may not appear until closer to the event.

US-China relations have remained frosty since the two leaders last met at the previous G20 summit in Indonesia.

The alleged spy balloon saga, US restrictions targeting China’s hi-tech sector, and stalled military communications following incidents in Taiwan and the South China Sea have complicated the relationship.

While most structural problems remain unresolved, engagement has seen improvements during recent visits of top US officials to China.

Sun said she did not think tensions between China and the West were a “solid argument” to explain Xi’s absence from the G20, since “China is seeking better relations with the US and Europe”.

But she doubted the decision was based on China shifting its priorities to ties with developing countries.

“G20 is not a developed country bloc. Half of its members are developing countries. So I would not say that Xi prioritises developing countries over developed countries because he attended Brics but not G20,” she said.

Beijing has hosted several G7 leaders and top diplomats since Xi resumed in-person diplomacy last September, with pledges to increase mutual understanding despite complicated relations.

Meanwhile, China has strengthened relations with its developing partners through various multilateral groups.

Last month’s Brics summit saw the bloc expand to 11 members, including nations from the Middle East, Africa and Latin America. The bigger bloc has been increasingly seen as China’s push to challenge the Western-led global order.

Pantucci said Xi’s absence from the G20 signals that China wants to “look beyond” the institutions that currently dominate the world stage.

“That fits very much with the broader vision that China’s been projecting, which is that there is a kind of an alternative web of international institutions out there that isn’t the ones that are built on the foundations of the order that came at the end of the second world war,” he said.

Pang Zhongying, an international political economy professor at Sichuan University, said the G20’s influence is declining as both Brics and the G7, which invited nine non-members to its May summit in Japan, both seek to strengthen their powers.

“There are some sorts of confrontations between Brics and the G7. The internal cohesion of the G20, which contains countries from these groups, has declined because of this confrontation.”

“[The G20] has now become more fragmented … something that is not too good for global governance,” he said.

This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP’s Facebook and Twitter pages. Copyright © 2023 South China Morning Post Publishers Ltd. All rights reserved.

Copyright (c) 2023. South China Morning Post Publishers Ltd. All rights reserved.





Source link

Tags: G20JinpingsMissedOpportunityPassSignSummit
ShareTweetShareShare
Previous Post

UK PM Rishi Sunak signs new strategic pact with Singapore in India

Next Post

How To Find A Client-Centric Broker When Selling Property

Related Posts

Behind the Gen Z protesters who need to power Madagascar’s president from energy

Behind the Gen Z protesters who need to power Madagascar’s president from energy

by Index Investing News
October 3, 2025
0

Hundreds of individuals in Madagascar have taken to the streets in numerous elements of the nation for the previous week...

Rising Lion Exhibits the U.S. Wants Extra Allies Like Israel – The Cipher Temporary

Rising Lion Exhibits the U.S. Wants Extra Allies Like Israel – The Cipher Temporary

by Index Investing News
September 24, 2025
0

OPINION — Israel’s Operation Rising Lion will go down as among the many most spectacular navy campaigns in historical past....

The Case of Charlie Kirk — International Points

The Case of Charlie Kirk — International Points

by Index Investing News
September 20, 2025
0

Charlie Weimers with EU flag and the Sweden Democrat’s occasion image, a bluebell.by Jan Lundius (stockholm, sweden)Friday, September 19, 2025Inter Press...

New Su-34 fighter-bombers delivered to Russian army

New Su-34 fighter-bombers delivered to Russian army

by Index Investing News
September 16, 2025
0

Russia’s United Plane Company (UAC) has delivered one other batch of Su-34 fighter-bombers to the Russian Aerospace Forces (VKS) as...

Rescuers seek for lacking individuals as lethal Indonesia floods recede | Floods Information

Rescuers seek for lacking individuals as lethal Indonesia floods recede | Floods Information

by Index Investing News
September 12, 2025
0

A weeklong state of emergency has been declared for floods which have left a minimum of 21 individuals lifeless.Rescuers have...

Next Post
How To Find A Client-Centric Broker When Selling Property

How To Find A Client-Centric Broker When Selling Property

Repel intensifying attacks on schools, urges Guterres — Global Issues

Repel intensifying attacks on schools, urges Guterres — Global Issues

RECOMMENDED

“Big Short” Investor Bets on a Crash

“Big Short” Investor Bets on a Crash

August 15, 2023
Pop — and politics — will be on display as Britain hosts a Ukrainian-hued Eurovision song contest

Pop — and politics — will be on display as Britain hosts a Ukrainian-hued Eurovision song contest

May 13, 2023
Gay Porn Star Billy London’s Murderer Finally Revealed 32 Years Later Thanks To True Crime Podcast!

Gay Porn Star Billy London’s Murderer Finally Revealed 32 Years Later Thanks To True Crime Podcast!

February 8, 2023
Plug gender hole in labour to spice up GDP

Plug gender hole in labour to spice up GDP

October 18, 2024
Hamas agrees to a Gaza ceasefire, sources say; US and Israel reject supply | Israel-Palestine battle Information

Hamas agrees to a Gaza ceasefire, sources say; US and Israel reject supply | Israel-Palestine battle Information

May 27, 2025
A Medieval Monastery In Southern Sweden Is Ready For Its New Identity

A Medieval Monastery In Southern Sweden Is Ready For Its New Identity

October 30, 2022
Michael J Fox Almost Lost Finger, Broke Shoulder & Elbow Living with Parkinson’s

Michael J Fox Almost Lost Finger, Broke Shoulder & Elbow Living with Parkinson’s

May 12, 2023
Tiger Woods may be upstaged by Augusta National chairman Fred Ridley at Masters

Tiger Woods may be upstaged by Augusta National chairman Fred Ridley at Masters

March 31, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In