No sooner had the dust settled from the World Cup than Brazil played host to the five leaders of the BRICS countries—Brazil, Russia, India, China, and South Africa. An immediate outcome of the Fortaleza summit was the formation of the New Development Bank, a development finance institution to rival the World Bank. The group also announced a currency reserve pool as an alternative to the IMF. Done right, both initiatives could change the institutional landscape for multilateral development financing.
What role should China play in issues like the Syrian crisis? China’s role is to prevent the Syrian issue from becoming a deal between the US and Russia only, and to push for more international cooperation, writes Pang Zhongying.
As China has distanced itself from Syria in the last eighteen months. Joel Wuthnow believes that arguments that China is hedging its bets on Assad may be premature.
Attending his first multilateral summit since becoming president in March, Xi Jinping held a series of important multilateral and bilateral meetings at the G20. Without attracting much attention, Chinese foreign policy has been on a roll since last month’s summit.
Are Russia and China attempting to counter US and Japanese influence in the Asia-Pacific by undertaking joint military exercises? Following Joint Sea-2013, Chen Xiangyang attempts to answer this question and explain the impact of China and Russia’s strategic partnership on the region.
PRISM-gate will have a limited influence on Russia-US relations, says Yu Sui. However, no matter how the stalemate of the Snowden incident is resolved, and how Russia will handle it in the end, US Secretary of State Kerry has said that US-Russia relations will be affected.
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