World facing serious challenges, says Xi Jinping

Chinese President Xi Jinping on Thursday told leaders of BRICS emerging economies the world was facing “serious challenges” and urged the group to be a “stabilising force”.

Xi was speaking on the final day of the BRICS summit in the Russian city of Kazan, a forum Moscow hopes will help forge a united front of nations against the West.

Addressing assembled leaders, Xi said the “common march of the global South towards modernity is a major event in world history”.

“We must be a stabilising force for peace, strengthen global security governance and explore solutions to hotspot issues that address both the symptoms and the root causes,” Xi said.