logo
'Gathering of friendship': China welcomes PM Modi for SCO Tianjin Summit - signal thaw in ties

'Gathering of friendship': China welcomes PM Modi for SCO Tianjin Summit - signal thaw in ties

Time of India6 hours ago
Chinese foreign ministry spokesperson Guo Jiakun (official website of China's foreign ministry)
China welcomes Prime Minister
Narendra Modi
's to attend the Shanghai Cooperation Organization (SCO) Summit in Tianjin later this month, said the country's foreign ministry spokesperson Guo Jiakun, reacting to reports of PM Modi's upcoming visit to the neighbouring nation.
"China welcomes Prime Minister Modi to China for the SCO Tianjin Summit," said the spokesperson.
The summit, scheduled for August 31 to September 1, will bring together leaders from over 20 countries, including all SCO member states, along with heads of 10 international organisations.
Jiakun noted that the Tianjin Summit would be the largest since the organisation's establishment. He also expressed confidence that it would be a gathering of solidarity, friendship, and fruitful results.
He added that the SCO was poised to enter 'a new stage of high-quality development featuring greater solidarity, coordination, dynamism, and productiveness.'
This will be Prime Minister Modi's first visit to China since the 2020 Galwan Valley clash and comes amid ongoing trade tensions with the United States. The SCO Summit serves as a key platform for member states to discuss regional security, economic cooperation, and geopolitical issues.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
If you have a mouse, play this game for 1 minute
Navy Quest
Undo
PM Modi last met Chinese President
Xi Jinping
in 2024 during the Brics Summit in Kazan, Russia, which was their first formal meeting in five years. His upcoming visit comes as US President
Donald Trump
imposes additional 25 per cent tariffs and penalties against India over its continued imports of Russian energy, a commodity purchased in large quantities by both New Delhi and Beijing.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Xi tells Putin China glad to see improved U.S.-Russia relations
Xi tells Putin China glad to see improved U.S.-Russia relations

The Hindu

time14 minutes ago

  • The Hindu

Xi tells Putin China glad to see improved U.S.-Russia relations

President Xi Jinping told his Russian counterpart Vladimir Putin in a phone call on Friday (August 8, 2025) that China was pleased to see Moscow and Washington improving their relations, state media said. Mr. Putin and U.S. President Donald Trump are set to hold talks in a bid to end the war in Ukraine. Both sides have confirmed preparations for a summit are underway and have suggested that a meeting could take place next week, although no firm date or venue has been set. Chinese state broadcaster CCTV reported that Mr. Xi had talked to Mr. Putin on Friday (August 8, 2025) at the Russian leader's request. Mr. Putin briefed Mr. Xi on the 'situation of recent contact and communications' between the United States and Russia, as well as the situation in Ukraine, it said. 'China is glad to see Russia and the United States maintain contact, improve their relations, and promote a political settlement of the Ukraine crisis,' state news agency Xinhua's English service quoted Mr. Xi as telling Mr. Putin. Moscow and Beijing have deepened their ties since Russia invaded Ukraine in February 2022. China has never denounced Russia's war nor called for it to withdraw its troops, and many of Ukraine's allies believe that Beijing has provided support to Moscow. It insists it is a neutral party, regularly calling for an end to the fighting while also accusing Western countries of prolonging the conflict by arming Ukraine. In the call on Friday (August 8, 2025), Mr. Xi 'pointed out that complex issues have no simple solutions' and said, 'China will always... support making peace and promoting talks,' CCTV reported. Mr. Putin is set to visit China on a trip beginning in late August. He will attend a summit of the Shanghai Cooperation Organization, as well as celebrations to mark the 80th anniversary of the end of World War II. He will also hold talks with Mr. Xi. China has been mentioned in media reports as a possible venue for the Putin-Trump summit, with speculation that Mr. Trump could join Mr. Putin there in early September. The Kremlin has not ruled out such a meeting.

Average US tariffs top 20%, back to 1910s levels: WTO and IMF
Average US tariffs top 20%, back to 1910s levels: WTO and IMF

Hindustan Times

time14 minutes ago

  • Hindustan Times

Average US tariffs top 20%, back to 1910s levels: WTO and IMF

The US tariff rate now averages 20.1 percent, the highest level since the early 1910s -- except for a brief spike earlier this year -- after new duties took effect Thursday, WTO and IMF data showed Friday. Trump's "reciprocal" tariffs on the United States's main trading partners and subsequent escalations, particularly on Chinese goods, briefly drove the average rate to 24.8 percent in May. (Bloomberg) The figure, calculated by the World Trade Organization (WTO) and the International Monetary Fund (IMF), stands in contrast with the 2.4-percent rate in force at the time of President Donald Trump's inauguration on January 20. Trump's April 2 announcement of "reciprocal" tariffs on the United States's main trading partners and subsequent escalations, particularly on Chinese goods, briefly drove the average rate to 24.8 percent in May, a figure unseen since 1904, according to data from the United States International Trade Commission. A trade "truce" brought down sky-high tariff levels that the United States and China had imposed upon one another, but that is set to expire next week. The new figure by the WTO and IMF takes into account the trade deals the United States negotiated with the European Union, Japan, South Korea and other nations that have now come into force. It also includes the latest tariffs unilaterally applied by the United States on Brazil, Canada and semi-finished copper imports. These deals usually included lower tariff levels than Trump threatened in April but were higher than the baseline 10-percent rate the US introduced. The updated average tariff rate exceeds the nearly 20-percent rate that the United States applied in the 1930s, a period of high tariffs that economists widely consider behind the severity and duration of the Great Depression. However, the WTO and the IMF estimate the average rate, which is based on trade volumes, by applying the latest rates to 2024 trade volumes. Thus, it is an estimation as companies have already changed their behaviour by stockpiling and delaying purchases and may shift buying patterns or reduce imports in reaction to the new rates. According to the Budget Lab at Yale University, once changing consumption patterns and secondary effects are taken into account, the figure should fall towards 17.7 percent, provided Trump doesn't make any more shock announcements.

‘Only option is…': Ukrainian troops dismiss peace hopes as Trump's deadline arrives
‘Only option is…': Ukrainian troops dismiss peace hopes as Trump's deadline arrives

Hindustan Times

time14 minutes ago

  • Hindustan Times

‘Only option is…': Ukrainian troops dismiss peace hopes as Trump's deadline arrives

Ukrainian soldiers on the battlefield expressed little hope for a diplomatic solution to the war, as US President Donald Trump's deadline arrived Friday for the Kremlin to make peace and he eyed a possible summit meeting with Russian President Vladimir Putin to discuss Moscow's invasion. Intense fighting is also taking place in Ukraine's Sumy border region, where Ukrainian forces are engaging Russian soldiers to prevent reinforcements from being sent from there to Donetsk.(REUTERS) Exasperated that Putin did not heed his calls to stop bombing Ukrainian cities, Trump almost two weeks ago moved up his ultimatum to impose additional sanctions on Russia and introduce secondary tariffs targeting countries that buy Russian oil if the Kremlin did not move toward a settlement. It was unclear what steps Trump intended to take Friday. When asked Thursday whether his deadline would hold, Trump said of Putin: 'It's going to be up to him. We're going to see what he has to say. It's going to be up to him. Very disappointed.' Trump's efforts to pressure Putin into stopping the fighting have so far delivered no progress. Russia's bigger army is slowly advancing deeper into Ukraine at great cost in troops and armor while it relentlessly bombards Ukrainian cities. Russia and Ukraine are far apart on their terms for peace. Ukrainian troops say they are ready to keep fighting Ukrainian forces are locked in intense battles along the 1,000-kilometer (620-mile) front line that snakes from northeast to southeast Ukraine. The Pokrovsk area of the eastern Donetsk region is taking the brunt of punishment as Russia seeks to break out into the neighboring Dnipropetrovsk region. Ukraine has significant manpower shortages. Intense fighting is also taking place in Ukraine's northern Sumy border region, where Ukrainian forces are engaging Russian soldiers to prevent reinforcements being sent from there to Donetsk. In the Pokrovsk area of Donetsk, a commander said he believes Moscow isn't interested in peace. 'It is impossible to negotiate with them. The only option is to defeat them,' Buda, a commander of a drone unit in the Spartan Brigade, told The Associated Press. He used only his call sign, in keeping with the rules of the Ukrainian military. 'I would like them to agree and for all this to stop, but Russia will not agree to that. It does not want to negotiate. So the only option is to defeat them,' he said. In the southern Zaporizhzhia region, a howitzer commander using the call sign Warsaw, said troops are determined to thwart Russia's invasion. 'We are on our land, we have no way out,' he said. 'So we stand our ground, we have no choice.' Putin makes a flurry of phone calls The Kremlin said Friday that Putin had a phone call with Chinese leader Xi Jinping, during which the Russian leader informed Xi about the results of his meeting earlier this week with Trump envoy Steve Witkoff. Kremlin officials said Xi 'expressed support for the settlement of the Ukrainian crisis on a long-term basis.' Putin is due to visit China next month. China, along with North Korea and Iran, have provided military support for Russia's war effort, the U.S. says. Indian Prime Minister Narendra Modi said on X that he also had a call with Putin to speak about the latest Ukraine developments. Trump signed an executive order Wednesday to place an additional 25% tariff on India for its purchases of Russian oil, which the American president says is helping to finance Russia's war. Putin's calls followed his phone conversations with the leaders of South Africa, Kazakhstan, Uzbekistan and Belarus, the Kremlin said. The calls suggested to at least one analyst that Putin perhaps wanted to brief Russia's most important allies about a potential settlement that could be reached at a summit with Trump. 'It means that some sort of real peace agreement has been reached for the first time,' said Sergei Markov, a pro-Kremlin Moscow-based analyst. Analysts say Putin is aiming to outlast the West Trump said Thursday that he would meet with Putin even if the Russian leader would not meet with his Ukrainian counterpart, Volodymyr Zelenskyy. That stoked fears in Europe that Ukraine could be sidelined in efforts to stop the continent's biggest conflict since World War II. Trump's comments followed a statement from Putin that he hoped to meet with Trump as early as next week, possibly in the United Arab Emirates. The White House said it was still working through the details of any potential meetings. The Institute for the Study of War, a Washington think tank, said in an assessment Thursday that 'Putin remains uninterested in ending his war and is attempting to extract bilateral concessions from the United States without meaningfully engaging in a peace process.' 'Putin continues to believe that time is on Russia's side and that Russia can outlast Ukraine and the West,' it said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store