On July 4, the Chinese language state broadcaster Xinhua Information Company introduced a transcript President Xi Jinping’s speech on the Shanghai Cooperation Group (SCO) summit. The SCO is among the world’s largest regional political, financial and safety cooperation organizations, which was established in 2001. established by China and Russia.
In the course of the speech, President Xi welcomed Iran as a full member of the group and praised Belarus’ transfer to hitch. He additionally spoke concerning the significance of central financial institution digital currencies (CBDCs):
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