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Xi Hosts Largest SCO Summit in Tianjin as Modi Makes First China Visit in 7 Years

China seeks traction for an SCO development bank, though analysts expect little movement.

Overview

  • The two-day SCO meeting opens Sunday in Tianjin with more than 20 leaders, including Vladimir Putin, Recep Tayyip Erdogan and UN chief Antonio Guterres, alongside expanded ASEAN participation.
  • Indian Prime Minister Narendra Modi is scheduled to meet Xi Jinping on Sunday in Tianjin, with a separate meeting with Putin reported as likely on the summit sidelines.
  • The Kremlin says Putin will meet Erdogan on Monday to discuss the war in Ukraine, and will also confer with Iranian President Masoud Pezeshkian on Tehran’s nuclear program.
  • Beijing will stage a major military parade in the capital on Wednesday showcasing advanced weaponry; North Korea’s Kim Jong Un will attend, while leaders from India, Turkey and Egypt are expected to depart beforehand.
  • China is again promoting an SCO Development Bank proposal, but experts cited in coverage say consensus hurdles and governance concerns make near-term agreement unlikely.