China’s Xi eyes bigger global role after Saudi-Iran accord | Joe Mcdonald / AP Business Writer

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President Xi Jinping called for China to play a bigger role in managing global affairs after Beijing scored a diplomatic coup by hosting talks that produced an agreement by Saudi Arabia and Iran to reopen diplomatic relations. Know more:

BEJIING—President Xi Jinping called for China to play a bigger role in managing global affairs after Beijing scored a diplomatic coup by hosting talks that produced an agreement by Saudi Arabia and Iran to reopen diplomatic relations.

That will add “positive energy to world peace and development and create a favorable international environment for our country’s development,” Xi said. Xi’s government rattled the United States and Australia in early 2022 when it signed a security agreement with the Solomon Islands that would allow Chinese navy ships and security forces to be stationed in the South Pacific island nation.

On Friday, Xi was named to another term in the ceremonial Chinese presidency after breaking with tradition in October and awarding himself a third-five year term as general secretary of the ruling party, putting himself on track to become leader for life. The National People’s Congress session cemented Xi’s dominance by endorsing the appointment of his loyalists as premier and other government leaders in a once-a-decade change.

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