China Backs 'Greater BRICS' Cooperation as India Prepares for 2026 Chairship

India
M
Moneycontrol•13-01-2026, 18:31
China Backs 'Greater BRICS' Cooperation as India Prepares for 2026 Chairship
- •China publicly supported deeper BRICS cooperation, aligning with India's push for global institutional reforms.
- •Chinese Ambassador Xu Feihong reposted EAM S Jaishankar's BRICS India 2026 launch, signaling Beijing's readiness for a "greater BRICS."
- •Xu Feihong emphasized working towards an "equal and orderly multipolar world and inclusive economic globalisation."
- •India's EAM Jaishankar called for urgent reform of global institutions like the UN, WTO, IMF, and World Bank to reflect contemporary realities.
- •India's 2026 chairship will focus on people-to-people exchanges and strengthening the New Development Bank.
Why It Matters: China signals strong support for expanded BRICS cooperation and global institutional reforms under India's 2026 chairship.
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