China's Xi to Host Virtual Summit for BRICS Emerging Economies

File Photo: Chinese President Xi Jinping attends the commemoration of the 110th anniversary of the Xinhai Revolution which overthrew the Qing Dynasty and led to the founding of the Republic of China, at the Great Hall of the People in Beijing on October 9, 2021. (AFP)

Chinese President Xi Jinping will host a virtual summit with top leaders from Russia, India, Brazil and South Africa next week, marking the first such meeting since the Ukraine crisis unfolded.

The influential club of BRICS emerging economies formed in 2009 is home to more than 40 percent of the global population and accounts for nearly a quarter of the world's gross domestic product, AFP said.