China's President Xi Jinping is featured three times on today's front page of Chinese state-owned newspaper People's Daily. Xi arrived in Ufa, Russia on Wednesday for a flurry of diplomatic activity ahead of the BRICS and Shanghai Cooperation Organization (SCO) summits.
The Chinese leader is pictured shaking hands with Russian President Vladimir Putin and Indian Prime Minister Narendra Modi, both of whom are in Russia for the meeting of BRICS. BRICS is a group of emerging economies that also includes Brazil and South Africa, whereas the SCO is a military and political organization that brings together China, Russia, and the Central Asian states.
Curiously, despite mentioning mid-level meetings between the Chinese government and Mexican and Belarusian officials, today's front page makes no mention of the dramatic stock market crash in China. The Shanghai, Hong Kong and Shenzhen exchanges were in freefall Wednesday, and have lost 30% of their total value since June.
ABOUT THE SOURCE: People's Daily is a state-run newspaper in China founded in 1948. It is currently published worldwide with a combined circulation of more than three million.
