Xi warns of globalisation backlash at BRICS summit
Modi's peers in BRICS hold off from signing on to his fierce condemnation of India's arch-rival Pakistan
Benaulim, India
CHINESE President Xi Jinping said on Sunday a rising tide of protectionism and anti-globalisation was endangering the world economy's still fragile recovery as BRICS leaders vowed to forge closer business and trade ties.
At a summit in the India tourist hub of Goa, host Prime Minister Narendra Modi and the leaders of China, Russia, Brazil and South Africa issued a joint declaration on a range of measures, including the setting-up of a new credit ratings agency and fighting tax evasion.
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