{"id":18565,"date":"2025-07-12T15:00:00","date_gmt":"2025-07-12T15:00:00","guid":{"rendered":"https:\/\/lonecandle.com\/?p=18565"},"modified":"2025-07-12T15:00:06","modified_gmt":"2025-07-12T15:00:06","slug":"xi-jinpings-surprise-no-show-at-brics-summit-fuels-speculation-about-chinas-global-standing","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=18565","title":{"rendered":"Xi Jinping\u2019s surprise no-show at BRICS Summit fuels speculation about China’s global standing"},"content":{"rendered":"\n

“despite its scale, the bloc remains ideologically and strategically fragmented. “It\u2019s a group of countries that hate each other,” Burack said bluntly. “China is harming many of them through unfair trade practices. There\u2019s not a lot of incentive for real unity.”<\/p>\n\n\n\n

The alliance\u2019s aspirations to challenge the U.S. dollar through alternative payment systems and a potential BRICS currency have gained media traction \u2014 but experts caution against overestimating this threat.<\/p>\n\n\n\n

“There\u2019s been a lot of fearmongering about a BRICS currency,” said Burack. “But the interests of these countries are completely divergent. There\u2019s more smoke than fire when it comes to a currency challenge to the dollar.””<\/p>\n\n\n\n

…<\/p>\n\n\n\n

“While its cohesion remains questionable, BRICS poses a long-term challenge to U.S. influence \u2014 particularly in regions where Washington has retreated diplomatically and economically.<\/p>\n\n\n\n

“China filled the void left by the U.S. in places like Africa,” said Briggs. “Now it controls about 38% of the world\u2019s minerals. Meanwhile, Russia\u2019s economy has doubled despite sanctions, because they preemptively reduced reliance on the dollar.”<\/p>\n\n\n\n

Yet Chang sees India as a brake on any aggressive anti-Western tilt. “BRICS has an \u2018I\u2019 in it\u2014and that\u2019s India. Modi doesn\u2019t want to be part of an anti-Western bloc. As long as India\u2019s in BRICS, the rest of the world is safe.””<\/p>\n\n\n\n

https:\/\/www.yahoo.com\/news\/xi-jinping-surprise-no-show-140004411.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

“despite its scale, the bloc remains ideologically and strategically fragmented. “It\u2019s a group of countries that hate each other,” Burack said bluntly. “China is harming many of them through unfair trade practices. There\u2019s not a lot of incentive for real unity.”<\/p>\n

The alliance\u2019s aspirations to challenge the U.S. dollar through alternative payment systems and a potential BRICS currency have gained media traction \u2014 but experts caution against overestimating this threat.<\/p>\n

“There\u2019s been a lot of fearmongering about a BRICS currency,” said Burack. “But the interests of these countries are completely divergent. There\u2019s more smoke than fire when it comes to a currency challenge to the dollar.””<\/p>\n

…<\/p>\n

“While its cohesion remains questionable, BRICS poses a long-term challenge to U.S. influence \u2014 particularly in regions where Washington has retreated diplomatically and economically.<\/p>\n

“China filled the void left by the U.S. in places like Africa,” said Briggs. “Now it controls about 38% of the world\u2019s minerals. Meanwhile, Russia\u2019s economy has doubled despite sanctions, because they preemptively reduced reliance on the dollar.”<\/p>\n

Yet Chang sees India as a brake on any aggressive anti-Western tilt. “BRICS has an \u2018I\u2019 in it\u2014and that\u2019s India. Modi doesn\u2019t want to be part of an anti-Western bloc. As long as India\u2019s in BRICS, the rest of the world is safe.””<\/p>\n

https:\/\/www.yahoo.com\/news\/xi-jinping-surprise-no-show-140004411.html<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[1935,314,1701],"class_list":["post-18565","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-brics","tag-international-relations","tag-xi-jinping"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/18565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18565"}],"version-history":[{"count":2,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/18565\/revisions"}],"predecessor-version":[{"id":18567,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/18565\/revisions\/18567"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}