Once perceived as bystanders in global governance, developing nations collectively termed the Global South are now actively rewriting the rules of international engagement. This shift comes as traditional power structures struggle to address pressing concerns like climate financing gaps and equitable technology access – issues that disproportionately affect emerging economies.
Kishore Mahbubani and Martin Jacques recently highlighted in a CGTN discussion how digital connectivity and South-South cooperation platforms have enabled unprecedented coordination among these nations. The Asian Infrastructure Investment Bank's $12 billion commitment this year to sustainable projects across Southeast Asia and Africa exemplifies this new collaborative momentum.
China's role as a development partner continues to draw attention, with its trade with Global South countries growing 8% year-on-year through Q3 2025. However, analysts note challenges persist in harmonizing diverse national priorities within this broad coalition of 135 states.
As the world approaches critical UN sustainability milestones in 2030, the Global South's ability to present unified positions on technology transfers and multilateral reform could redefine global decision-making processes. This evolving dynamic presents both opportunities and complexities for businesses and policymakers navigating Asia's expanding economic networks.
