China hosts BRICS meeting amid rising economic concerns
BEIJING (AP) — Chinese President Xi Jinping on Thursday is hosting a virtual summit with the leaders of Brazil, Russia, India and South Africa collectively known as the “BRICS,” amid rising concerns over the global economic outlook and a growing political divide between Beijing and New Delhi.
While no agenda has been issued for the talks, Ukraine is likely to feature heavily in the background. China has refused to condemn Russia’s invasion while criticizing sanctions brought against Moscow. India has bought large amounts of Russian oil at a heavy discount, and South Africa abstained on a United Nations vote condemning Russia’s actions.