(Bloomberg) --
China will send Premier Li Qiang to the upcoming Group of 20 summit in India, signaling that President Xi Jinping will skip it and potentially aggravating Beijing's already rocky relationship with New Delhi.
The announcement was made by Foreign Ministry spokeswoman Mao Ning at a regular press briefing in Beijing on Monday.
Tensions between the world's two most populous countries already threaten to prevent G-20 leaders from issuing a joint communique for the first time since the forum was created in 1999, Bloomberg News reported earlier, citing people familiar with the situation. Xi's non-attendance would also be a blow for the host, Prime Minister Narendra Modi.
-
Indian Markets Turning Corner After Two Tough Years, Says Sandeep Tandon -
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI
And it would mark a major shift in how Xi operates. The Chinese leader has attended every G-20 leaders' summit since taking power about a decade ago. He's also sought to burnish his image as a peacemaker since emerging from three years of Covid isolation at last year's meeting in Bali, Indonesia.
Xi's G-20 Snub Marks Shift From Statesman to China ‘Emperor'
President Joe Biden told reporters on Sunday he was “disappointed” about reports Xi plans to skip the G-20, but added that eventually “I am going to get to see him.”
Xi's absence would raise more questions about China's global clout as its economy slows. It would also draw a contrast with his attendance last week at the BRICS summit in South Africa, where he met with Modi.
More stories like this are available on bloomberg.com
©2023 Bloomberg L.P.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.