At the SCO summit, Vladimir Putin hailed China as Russia’s “true partner” while condemning the United States for imposing what he called a “dictatorship” in global politics and trade. Putin emphasized Eurasian cooperation, backing national currencies over the U.S. dollar and calling for a balanced security framework. Xi Jinping proposed an SCO development bank, billions in aid and loans, and new cooperation in AI and lunar research. Meanwhile, Xi and Modi signaled efforts to reset India-China relations, highlighting development partnerships over rivalry.

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