TREE NEWS update: Chinese President Xi Jinping announced on September 12 that China will assume the BRICS chairmanship in 2027 and host the group’s 19th leaders’ summit. The announcement was made during the first phase of the 18th BRICS leaders’ meeting. China will take over the rotating chair from the current holder.
China to Take Over BRICS Chairmanship in 2027, Host 19th Summit
AI take
China's return to the BRICS chair in 2027, announced well ahead of the handover, signals a push to shape the bloc's agenda over a longer horizon rather than simply inherit a rotating role. For RWA and digital-asset watchers, the significance lies in BRICS' ongoing interest in cross-border settlement and alternative financial rails, where China's convening power could set the tone. The open question is whether that agenda translates into concrete mechanisms or remains declaratory.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
5m ago
China’s computing power could reach 30% of global total by 2030, academician says
17m ago
Xi Jinping to Meet Indian PM Modi in New Delhi
39m ago
Trump says relations with Venezuelans are ‘very good’
42m ago
Trump Touts Jobs Numbers, Credits Tariffs for Factory Construction
44m ago
Trump Says Yemen’s Houthis Asked US Not to Strike Them
46m ago
Trump Calls US Stock Market ‘One of a Kind’