India Blocks China-Backed World Trade Organization Investment Deals

India and South Africa on Wednesday blocked the passage of a major investment agreement at the World Trade Organization (WTO) conference in Abu Dhabi, potentially scuttling hundreds of billions of dollars in investments — many of them slated for developing countries of the “Global South,” which India frequently claims to champion.

Chinese President Xi Jinping is seen during the Asia-Pacific Economic Cooperation (APEC) L

Xi Jinping Seeks to Rebuild, and Dominate, Frayed BRICS Coalition

Chinese dictator Xi Jinping gave a lengthy teleconferenced address to the BRICS group of emerging economies on Tuesday, making a bid to restore and dominate what Chinese state media described as a tottering coalition riven by unreasonable animosity toward China from two of the other members, India and Brazil.

DUSSELDORF, GERMANY - MARCH 29: Chinese President Xi Jinping speaks at a reception in his