Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Jayapal floats reparations for illegal immigrants impacted by...
Swalwell threatens FBI with legal action as Patel...
Democrats pounce on $4 a gallon gas, blame...
Supreme Court blocks Colorado’s so-called ‘conversion therapy’ ban...
DHS rips Jimmy Kimmel for mocking Secretary Markwayne...
SEE IT: Lawmakers caught on vacation amid record-breaking...
Profanity-fueled social media posts heat up Arkansas Republican...
More key US allies block military flights as...
Illegal alien alleged groping of minor girls at...
Dem lawmaker sparks online firestorm after saying Iryna...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Politics

Xi Jinping’s surprise no-show at BRICS Summit fuels speculation about China’s global standing

by admin July 5, 2025
July 5, 2025
Xi Jinping’s surprise no-show at BRICS Summit fuels speculation about China’s global standing

Chinese President Xi Jinping will not attend this week’s BRICS Summit in Brazil, marking the first time the Chinese leader has missed the gathering of major emerging economies. The abrupt decision has triggered widespread speculation about internal political dynamics within China and the fraying cohesion of BRICS itself.

China’s official explanation — a ‘scheduling conflict’ and the fact that Xi already met with Brazilian President Luiz Inácio Lula da Silva earlier this year, according to the South China Morning Post — has been met with skepticism. Premier Li Qiang will attend the summit in Xi’s place, continuing a recent trend of Xi scaling back his appearances on the global stage.

‘That doesn’t make sense,’ said Gordon Chang, an expert on U.S.-China relations. ‘There are many other countries at the BRICS summit, not just Brazil. To me, it’s extremely significant that Xi Jinping is not going. It suggests turbulence at home — there are signs he’s lost control of the military and that civilian rivals are reasserting power. This is a symptom of that.’

Bryan Burack of the Heritage Foundation agrees that Xi’s absence underscores deeper issues: ‘It’s another indication that BRICS is not going to be China’s vassalization of the Global South.’ He noted that countries like Brazil and Indonesia have recently imposed tariffs on China over industrial overcapacity and dumping, moves that suggest widening rifts within the group.

‘China is actively harming all those countries for the most part, maybe with some exceptions, through its malign trade policies and dumping and overcapacity.’

Tensions with India and global trade pressure may also be factors

Some analysts point to rising China-India friction as a contributing factor in Xi’s decision to skip the summit. 

‘China has been at war with India for decades, essentially,’ Burack said. ‘These are fundamentally opposing interests. It’s difficult to see China changing its behavior in the near term, and that will keep tensions high.’

India’s Prime Minister Narendra Modi is expected to take a leading role at the gathering, potentially another deterrent for Xi’s attendance.

Another key leader — Russian President Vladimir Putin — is only expected to address the group by video. 

BRICS: United in name, divided in decades-long tensions 

Formed by Brazil, Russia, India and China and later joined by South Africa, BRICS was envisioned as a non-Western counterweight to G7 dominance. It has expanded to include Egypt, Ethiopia, Iran, the UAE and, most recently, Indonesia, strengthening its economic footprint.

Economist Christian Briggs highlighted BRICS’s massive scale: ‘BRICS now comprises 12 full members and up to 23 when counting partners. Collectively, they account for over 60% of the world’s GDP and around 75% of the global population. They control vast natural resources and a growing share of global trade flows.’

Yet despite its scale, the bloc remains ideologically and strategically fragmented. ‘It’s a group of countries that hate each other,’ Burack said bluntly. ‘China is harming many of them through unfair trade practices. There’s not a lot of incentive for real unity.’

Currency ambitions and strategic divergences

The alliance’s aspirations to challenge the U.S. dollar through alternative payment systems and a potential BRICS currency have gained media traction — but experts caution against overestimating this threat.

‘There’s been a lot of fearmongering about a BRICS currency,’ said Burack. ‘But the interests of these countries are completely divergent. There’s more smoke than fire when it comes to a currency challenge to the dollar.’

Chang echoed this skepticism: ‘The only country that can challenge the dollar is the United States. Weakness in the dollar is due to what we are doing domestically, not what the BRICS are doing.’

Still, Briggs offered a counterpoint, arguing that BRICS members are already reshaping global currency flows.

‘They’re moving away from the dollar into digital yuan, rupees, rubles. China has launched a SWIFT alternative already adopted by the Caribbean banking sector — trillions of dollars are shifting.’

Is BRICS still a threat to U.S. influence?

While its cohesion remains questionable, BRICS poses a long-term challenge to U.S. influence — particularly in regions where Washington has retreated diplomatically and economically.

‘China filled the void left by the U.S. in places like Africa,’ said Briggs. ‘Now it controls about 38% of the world’s minerals. Meanwhile, Russia’s economy has doubled despite sanctions, because they preemptively reduced reliance on the dollar.’

Yet Chang sees India as a brake on any aggressive anti-Western tilt. ‘BRICS has an ‘I’ in it—and that’s India. Modi doesn’t want to be part of an anti-Western bloc. As long as India’s in BRICS, the rest of the world is safe.’

A missed opportunity — or a calculated power move?

To some, Xi’s no-show signals instability in Beijing. To others, the opposite: it demonstrates confidence in China’s dominance over the other BRICS members.

‘He doesn’t have to be there,’ Briggs contended. ‘Xi’s power allows him to delegate. China is trading with nearly 80% of the world now. He’s moving the agenda forward even in absentia.’

What’s clear is that BRICS continues to evolve — its internal contradictions as visible as its geopolitical ambitions. Whether Xi’s absence marks a retreat or a recalibration remains one of the key questions hovering over the summit in Brazil.

This post appeared first on FOX NEWS

previous post
CoTec Holdings Corp. Announces Second Closing of Life Offering and Concurrent Private Placement
next post
Tech 5: US Lifts EDA Restrictions for China, Apple Explores Third Party AI for Siri

You may also like

FDA launches new AI-powered system to track drug...

March 11, 2026

Harris, Trump favorability ratings are on the rise...

August 15, 2024

Senate unanimously passes Epstein files bill, sends to...

November 19, 2025

Jimmy Carter ‘killer rabbit attack’ story highlighted his...

December 31, 2024

GOP senator compares Israel’s Hamas fight to US...

September 10, 2025

Blinken arrives in Middle East to renew cease-fire...

August 19, 2024

Trump targets ISIS in Nigeria amid warnings Sahel...

December 29, 2025

MLK celebration and Trump inauguration: What one historic...

January 20, 2025

DEROY MURDOCK: How RFK Jr. can help Trump...

September 2, 2024

Biden warns of ‘ultra-wealthy’ ‘oligarchy’ after Big Tech...

January 16, 2025

Recent Posts

  • Jayapal floats reparations for illegal immigrants impacted by Trump crackdown, demands prosecutions
  • Swalwell threatens FBI with legal action as Patel reportedly weighs ‘Fang Fang’ files release
  • Democrats pounce on $4 a gallon gas, blame Trump’s Iran war for ‘broken promise’
  • Supreme Court blocks Colorado’s so-called ‘conversion therapy’ ban on First Amendment grounds
  • DHS rips Jimmy Kimmel for mocking Secretary Markwayne Mullin’s plumbing background

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (1,003)
    • Investing (4,320)
    • Politics (5,244)
    • Stock (4)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2026 Sightful Invest. All Rights Reserved.