China mocks G7

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With the eyes of the world on the G7, Beijing reminded the West that it’s outnumbered by its rivals

Amid high-profile conferences of the G7 and NATO leaders, Chinese language International Ministry spokesman Zhao Lijian posted a picture on Tuesday stating that regardless of being known as “worldwide society,” the G7 international locations truly account for a small proportion of the world’s inhabitants.

Depicting the leaders of the G7 international locations alongside the leaders of the BRICS nations, the picture famous that the inhabitants of the previous quantities to 777 million, whereas the BRICS international locations are house to three.2 billion individuals. 

“So subsequent time after they speak about ‘worldwide society,’ what they imply…” Zhao wrote.

After the summit in Germany over the weekend, the G7 leaders departed for Madrid, the place the US-led NATO alliance is assembly to draft its new Strategic Idea – a doc that outlines its mission and stance towards non-members. In its first replace since 2010, the doc will handle China as a “problem,” and in keeping with NATO Secretary Normal Jens Stoltenberg, “will clarify that allies contemplate Russia as essentially the most important and direct menace to our safety.”

Simply days earlier than the G7 summit, Russian President Vladimir Putin, Chinese language President Xi Jinping, and the leaders of Brazil, India, and South Africa, met nearly for the less-reported summit of the BRICS nations. The group, denoted by an acronym composed from the primary letter of its member nations’ names, contains 4 of the world’s prime ten economies and represents greater than 40% of the planet’s inhabitants and 30% of its GDP.

Whereas the BRICS group just isn’t a proper alliance in a navy or financial sense, its members are sometimes united in opposition to the Western consensus. Save for Brazil, not one of the BRICS nations voted with the US and its allies to sentence Russia’s navy operation in Ukraine on the UN Normal Meeting in March, for instance, and China and India have stepped up their commerce hyperlinks with Russia since then.

The bloc might quickly broaden too. Argentina and Iran utilized final week for membership, with the Iranian International Ministry describing BRICS as a “very inventive mechanism with broad elements,” and Argentinian President Alberto Fernandez mentioned that the platform might “implement an agenda for the longer term that can result in a greater and fairer time.”

Through the BRICS summit final Wednesday, Putin mentioned that the five-member group was engaged on establishing a brand new world reserve forex “based mostly on a basket of currencies of our international locations.”