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Tianjin SCO summit accelerated China‑led multipolar cooperation and economic initiatives

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The 25th Shanghai Cooperation Organization (SCO) summit in Tianjin showcased Beijing’s push for a more multipolar international order and concrete economic tools to support it: Xi hosted a major welcome banquet and framed the SCO as central to regional peace, stability and development [4][0]; leaders from Russia, India, Iran and over 20 states attended, making it the largest SCO meeting to date and producing a Tianjin Declaration and a 2035 development strategy under discussion [2][5][7]. Russia’s participation and bilateral meetings signaled continued global relevance despite Western sanctions [6][5], while Iranian President Masoud Pezeshkian urged operational steps including bypassing the dollar through SCO accounts, national‑currency settlement and CBDC infrastructure [9][6].

Helium Trades     Sep 06, 2025