shàng hé zǔ zhī

上合组织

fēng huì

峰会

yǔ

与

jīng jì

经济

gōng píng

公平

de

的

xīn

新

xī wàng

希望

The recent SCO summit held in Beijing was not just about showcasing military forces and weapons, but more importantly, it discussed issues of economic fairness.

Many developing countries hope to have more options and no longer rely solely on institutions like the International Monetary Fund and the World Bank, because these institutions often make them more dependent on others.

The SCO discussed using local currencies and establishing new banks, which can give countries more autonomy.

For Africa and Latin America, this means they can do business and develop their economies more freely, without being affected by the US dollar and sanctions.

China has its own interests in this process, but multipolarity means no single country can control everything in the world.

New economic cooperation may turn finance into a tool that helps people develop, rather than a source of pressure.

To achieve true fairness, governments and people of all countries must work hard to ensure new institutions are fair and transparent.

The SCO summit shows us that the world can have more cooperation and hope, and every country has the opportunity to live a more dignified life.