WEEK IN REVIEW: Chinese President Xi Jinping Expressed Support for South Africa to Remain Host for BRICS Summit in August

Chinese President Xi Jinping speaking remotely to leaders at the seventh Summit of the Community of Latin American and Caribbean States (CELAC). Image via Xinhua.

Chinese President Xi Jinping expressed support for South Africa to remain host for the upcoming BRICS summit in August. Xi’s comments during a call with his SA counterpart Cyril Ramaphosa on Friday indicate he may not support a change in venue that would reduce pressure on Pretoria to arrest Vladimir Putin. (BLOOMBERG)

U.S. Treasury Secretary Janet Yellen called on Congress to lend more money to developing countries to challenge China’s growing influence in the Global South. Lending to organizations like the IMF  “serves as an important counterweight to nontransparent, unsustainable lending from others like China,” she said. (CNN)

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by Eric Olander

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