JOHANNESBURG: President Xi Jinping failed to attend a business forum in South Africa where he was expected to deliver a speech defending China’s economy and its support for emerging markets, as fears mount that the Asian nation’s struggles could cause global turbulence.
According to a public schedule, the Chinese leader was set to address the BRICS Business Forum on Tuesday, after meeting with South African President Cyril Ramaphosa earlier that day. Instead, delegates were greeted on stage by Commerce Minister Wang Wentao, who read the speech without giving an explanation for Xi’s absence.