President Xi Jinping pushes for more joint collaborations in AI among SCO nations.President Xi Jinping pushes for more joint collaborations in AI among SCO nations.

Xi promotes AI collaboration at SCO, slams “Cold War” mindset

Speaking Monday, Chinese President Xi Jinping encouraged the Shanghai Cooperation Organization (SCO) to advance partnerships in artificial intelligence and pushed back against what he termed a “Cold War mentality.” Although he did not mention the United States by name, Xi denounced “hegemonism,” “Cold War mentality,” and “bullying” as rhetoric he often deploys as a shorthand for American and allied influence in global affairs.

He delivered his comments at the SCO’s largest-ever gathering that brought together over 20 foreign heads of state in Tianjin, including Russian President Vladimir Putin, India’s Prime Minister Narendra Modi, and Turkish President Recep Tayyip Erdoğan.

China’s Xi pledged about $280 million in grants to the SCO nations

During the summit, the Chinese leader sought to present China as an anchor of economic stability, announcing hundreds of millions of dollars in pledges for the bloc’s member states. 

Xi promised the SCO countries 2 billion yuan, roughly about $280 million, in grants this year and pledged another 10 billion yuan ($1.4 billion) in loans through a regional banking consortium. He also pushed for the bloc to move quickly on creating a Development Bank. He declared, “We should leverage the strength of our mega-sized markets and economic complementarity between member states and improve trade and investment facilitation.” 

The Chinese leader also announced that 10,000 students would benefit from their “Luban” program and described the SCO meeting as a platform to drive the next phase of high-quality cooperation.

He also cast Beijing as the defender of a more balanced order, pushing for a more “equal and orderly multipolar world” underpinned by fairer global governance. Echoing him, Putin said the SCO should work toward a “new system” of security in Eurasia, one that would replace what he called outdated Western-led models with arrangements reflecting the interests of a broader set of nations.

After Xi’s remarks, Marko Papic, chief strategist for GeoMacro Strategy BCA Access, now believes China could improve its relationships across many countries through the summit.

Wang says China could take on the lead role in advocating for global peace

Henry Huiyao Wang, founder of the Beijing think tank Center for China and Globalization, said China had shown “initiative” in advancing both economic cooperation and peace. He cited efforts by China and India to restore ties and urged similar progress between India and Pakistan.

On CNBC’s The China Connection, Wang said Trump was trying to make peace, but added that China, too, could try to play that role. He suggested Beijing’s close relationship with Moscow could enable it to play a role in addressing the conflict with Ukraine and pointed out that the SCO, or its most advanced members like China and India, could act as security guarantors.

Just last week, Moscow launched its second-largest aerial assault on Ukraine. On Monday, Putin used his address at the SCO summit to repeat his narrative of the conflict, insisting it was not the result of Russian aggression but of a Western-backed coup in Kyiv. Putin commended Beijing and New Delhi for their attempts at mediation and characterized his “understanding” with Trump in Alaska as a step toward peace in Ukraine.

So far, China and Russia have maintained friendly relations. Chinese companies have acquired significant quantities of discounted Russian oil and sustained flows of crucial goods, some of them dual-use. However, Western governments claim that China’s involvement with Russia funds the country’s military production. Nonetheless, Beijing has dismissed the criticism, calling the exchanges “normal trade.” 

Trump, however, responded in the summer with threats of new tariffs on Chinese exports if the purchases continued.

KEY Difference Wire: the secret tool crypto projects use to get guaranteed media coverage

Market Opportunity
Moonveil Logo
Moonveil Price(MORE)
$0.002225
$0.002225$0.002225
-4.46%
USD
Moonveil (MORE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
How ZKP’s Daily Presale Auction Is Creating a New Standard for 1,000x Returns

How ZKP’s Daily Presale Auction Is Creating a New Standard for 1,000x Returns

The post How ZKP’s Daily Presale Auction Is Creating a New Standard for 1,000x Returns appeared on BitcoinEthereumNews.com. Disclaimer: This article is a sponsored
Share
BitcoinEthereumNews2026/01/16 09:02
Lighter drops 14% after losing $2 support – More pain ahead for LIT?

Lighter drops 14% after losing $2 support – More pain ahead for LIT?

The post Lighter drops 14% after losing $2 support – More pain ahead for LIT? appeared on BitcoinEthereumNews.com. Since it touched a high of $4.5, Lighter has
Share
BitcoinEthereumNews2026/01/16 08:46