As the Shanghai Cooperation Organization (SCO) Summit approaches in Tianjin, analysts highlight China's role in reshaping economic collaboration among emerging economies. The summit, themed around connectivity and inclusive development, underscores Beijing's push to strengthen trade corridors and counter protectionist policies through multilateral frameworks.
Economic Bridges, Not Walls
Tianjin Port, a hub for AI-driven logistics, exemplifies China's strategy to modernize infrastructure for SCO members. Victor Gao of the Center for China and Globalization noted, 'Automation here isn't just about efficiency—it's a blueprint for equitable trade networks prioritizing the Global South.'
Unity Against Protectionism
With Western tariffs rising, SCO nations are leveraging collective bargaining power. Mohammad Saqib of COGGS emphasized, 'Shared digital platforms and energy partnerships reduce dependency on volatile markets.' Russian academic Irina Sarenko added that cross-border fintech initiatives could bypass traditional financial gatekeepers.
Stability Through Development
Pakistan's Deputy PM Ishaq Dar will keynote on linking China-Pakistan Economic Corridor projects to SCO-wide stability goals. Tehran University's Prof. Sayed Mohammad Marandi stressed, 'Investments in green tech and agriculture address root causes of regional insecurity.'
The summit aims to finalize 17 cooperation agreements, including a joint AI research fund and streamlined customs protocols, positioning the SCO as a counterbalance to fragmented global trade systems.
Reference(s):
cgtn.com