Chinese President Xi Jinping's decision to skip the G20 could reflect a reluctance to grapple in public with Russia's war on Ukraine, or to share the stage with India's Prime Minister Narendra Modi. Observers say it certainly reflects a deepening fissure in international relations that isn't going away soon.
— as well as parts of Malaysia, Brunei, Taiwan, the Philippines and even Russia.
India is also coming into the summit riding high after a successful lunar mission. A Russian lander attempting the same feat crashed. "There was a huge effort to internationalize the renminbi, about six, seven years ago, that didn't really go anywhere," said Paul Samson, who for many years co-chaired the principal G20 working group on the global economy.
The new members are an eclectic bunch that hardly fit the original BRICS image. Only Argentina and Ethiopia can claim to be democracies, and Ethiopia has a simmering civil war. Even before its expansion, the BRICS represented 40 per cent of the world's population, while the G7 nations have less than 10 per cent. "But it pretty quickly became clear that the Western states were able to coordinate themselves in the G20 much better than the developing states," said Duggan.
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