Wednesday, 17 December 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Xi Jinping Redraws the Geopolitical Map by Embracing Putin and Modi
Tuesday, 2 September 2025 19:02 WIB | GLOBAL ECONOMIC |Ekonomi Global

President Xi Jinping used a mix of friendliness and economic appeal this week to send a clear message to Donald Trump: Beijing has too much global influence for the US to dictate.

Cameras captured the Chinese leader in a rare, unscripted meeting on Monday with Vladimir Putin and Narendra Modi – his strongest allies in countering America on the world stage – at a summit in the Chinese port city of Tianjin. At one point, Xi held hands with his Indian counterpart, while the three men shared a lighthearted laugh, a striking sight considering that just months earlier, New Delhi and Beijing were seen as rivals.

The images were a victory for Xi's political project to build an alternative to the US-led world order, where the dominance of the American dollar has given him global influence. Hours after the three men gathered at the Shanghai Cooperation Organization event, Beijing signed a major gas pipeline deal with Moscow – rebuking Trump's attempts to use tariffs to dissuade India and China from buying Russian energy.

"China has developed and sequenced its messages perfectly, and the picture of Xi, Putin, and Modi embracing each other is increasingly clear," said Josef Gregory Mahoney, a professor of international relations at Shanghai's East China Normal University. "This week will be remembered as the week the world fundamentally shifted."

Since coming to power in 2012, Xi has methodically built blocs outside Washington's orbit of influence. While such groupings are often dismissed as mere talking points, Trump's trade war has given them new purpose.

Xi is dangling economic carrots to maximize cohesion. The SCO is being equipped with a new development bank, he announced as the group held its largest summit since its founding in 2001, without disclosing funding details. Meanwhile, Brazil's Luiz Inacio Lula da Silva plans to convene an impromptu virtual meeting of BRICS leaders on Monday to discuss how to unite against Trump's trade policies, Bloomberg reported. (alg)

Source: Bloomberg

RELATED NEWS
Trump Ready to Aid Ukraine, But Furious at Lack of Peace ...
Friday, 12 December 2025 07:54 WIB

US President Donald Trump said Washington is willing to provide security assistance to Ukraine as part of a deal to end the war with Russia. He emphasized that security support is a crucial factor in ...

Trump Threatens New Tariffs on Mexico Over Water Dispute...
Tuesday, 9 December 2025 07:15 WIB

President Donald Trump has threatened to impose an additional 5% tariff on imports from Mexico if the country does not immediately release water supplies that the U.S. government says are due under a ...

Trump's Billion-Dollar Aid for Farmers: A Cure or a New Wound?...
Tuesday, 9 December 2025 07:11 WIB

President Donald Trump announced an $11 billion aid package for American farmers, particularly soybean farmers, who have been hit by the trade war and falling crop prices. Tariffs against many countri...

Trump Irritated with Zelenskiy, Says Russia Is 'Fine' with Peace Proposal...
Monday, 8 December 2025 07:54 WIB

US President Donald Trump expressed disappointment with Ukrainian President Volodymyr Zelenskiy's response to Washington's peace proposal to end the war with Russia. According to Trump, Kyiv hasn't mo...

Peace or Just Mineral Trade? Trump's Congo Deal Questioned...
Friday, 5 December 2025 07:37 WIB

President Donald Trump announced a new peace pact between Rwanda and the Democratic Republic of Congo, which he linked to US access to critical minerals. At a meeting in Washington, Trump claimed his ...

LATEST NEWS
Fed's Waller: There is no rush to cut interest rates given outlook

Fed Governor Christopher Waller said Wednesday that the Fed is in no rush to cut interest rates, given the current outlook, according to Reuters. Key points: "The job market is very weak, job growth is not good right now." "The Fed's rate cuts...

Silver Rises to $65 for First Time; Gold Rises as US Unemployment Rate Rises

Gold continues to be supported by expectations of dovish monetary policy from the Federal Reserve, economic uncertainty, and geopolitical tensions, said ActivTrades analyst Ricardo Evangelista. Although non-farm payrolls increased by 64,000 jobs,...

Oil Prices Rise as Geopolitical Risks from Russia to Venezuela Rise

Oil prices rebounded from their lowest close in nearly half a decade, as the US prepared new measures against Russia if Moscow rejects a peace deal and blocks sanctioned tankers off the coast of Venezuela. Brent futures rose as much as 2.5% to...

POPULAR NEWS
Williams says Fed policy in good position, sees inflation moderating in 2026.
Monday, 15 December 2025 23:13 WIB

New York Federal Reserve President John Williams said on Monday the U.S. central bank's interest rate cut last week leaves it in a good position to...

Stocks Jump in Broad Advance as Investors Bet Data This Week Will Show Strong Economy, Tame Inflation
Monday, 15 December 2025 21:47 WIB

Stocks rose Monday led by a broad array of names as traders bet data set for release this week will point to tame inflation and strong economic...

Asian Stocks Are in the Red Again - A Sign the AI ​​Bubble Is Starting to Burst?
Monday, 15 December 2025 07:30 WIB

Asian markets opened lower in the last full trading week of 2025, fueled by concerns about the prospects for tech company profits and growing AI...

Euro Weakens Slightly, Dollar Slowly Rebounds, Trend Reversal or Just a Breather?
Monday, 15 December 2025 08:23 WIB

Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10%...