The monitor features developments related to China during the month and is compiled by our research team of Brig. Arun Sahgal (Retd.), Ph.D., Senior Fellow, and Sanket Joshi, Research Associate, from open-source reports and publications.
On October 21, 2024, India's Foreign Secretary, Vikram Misri, announced that India and China had agreed on patrolling arrangements at two points along the LAC in eastern Ladakh, leading to troop disengagement and resolution of issues that had risen in 2020. As of October 30, 2024, India and China are reported to have completed disengagement at Depsang and Demchok, with the troops withdrawing to pre-April 2020 positions.
On October 23, 2024, Prime Minister Narendra Modi and President Xi Jinping formally met on the sidelines of the BRICS Summit in Kazan, their first bilateral meeting in five years. PM Modi again stressed the importance of border peace as he welcomed the recent agreement and emphasised the importance of “mutual trust, mutual respect, and mutual sensitivity” in India-China relations. Both leaders called for stable, predictable, and amicable bilateral relations that would contribute to a multipolar Asia and a multipolar world.
On October 23, 2024, President Xi addressed the 16th BRICS Summit, urging member-states to work together to advance global governance reforms and strengthen solidarity and cooperation between nations in the Global South. The ‘Kazan Declaration’ issued by BRICS, among other issues, expressed concern about the disruptive effects of unilateral Western sanctions on the world economy and emphasised the need for reform of the international financial system.
In a National Day address on October 10, 2024, Taiwan’s President Lai Ching-te asserted that Taiwan (Republic of China) and China (People's Republic of China) “are not subordinate to each other” and “China has no right to represent Taiwan”. Reacting sharply, China warned Lai that his provocative pro-independence stance would bring disaster to Taiwan's people and that his words would not change Taiwan's legal status as part of China. To deter Taiwan “separatists”, the PLA conducted a major military exercise titled “Joint Sword-2024B” around Taiwan on October 14, 2024.
President Xi met Russian President Vladimir Putin on the sidelines of the BRICS Summit in Kazan on October 22, 2024. Xi reaffirmed that China-Russia relations are based on the principle of “non-alliance, non-confrontation, and no targeting of third parties” and urged the two sides to deepen their strategic coordination to maintain global strategic stability.
On October 18, 2024, China's Ministry of National Defence opposed the proposal of Japan's new Prime Minister Shigeru Ishiba to establish an "Asian NATO", accusing Japan of hyping up the “non-existent China threat” to divert the international community’s attention away from its military expansion.
China's GDP expanded by 4.6 percent year-on-year in the third quarter of 2024, reportedly at its slowest pace for six quarters, as the property sector remained a major concern.
To read this China Monitor, Vol. VII, Issue 10, please see the PDF attached.
On October 21, 2024, India's Foreign Secretary, Vikram Misri, announced that India and China had agreed on patrolling arrangements at two points along the LAC in eastern Ladakh, leading to troop disengagement and resolution of issues that had risen in 2020. As of October 30, 2024, India and China are reported to have completed disengagement at Depsang and Demchok, with the troops withdrawing to pre-April 2020 positions.
On October 23, 2024, Prime Minister Narendra Modi and President Xi Jinping formally met on the sidelines of the BRICS Summit in Kazan, their first bilateral meeting in five years. PM Modi again stressed the importance of border peace as he welcomed the recent agreement and emphasised the importance of “mutual trust, mutual respect, and mutual sensitivity” in India-China relations. Both leaders called for stable, predictable, and amicable bilateral relations that would contribute to a multipolar Asia and a multipolar world.
On October 23, 2024, President Xi addressed the 16th BRICS Summit, urging member-states to work together to advance global governance reforms and strengthen solidarity and cooperation between nations in the Global South. The ‘Kazan Declaration’ issued by BRICS, among other issues, expressed concern about the disruptive effects of unilateral Western sanctions on the world economy and emphasised the need for reform of the international financial system.
In a National Day address on October 10, 2024, Taiwan’s President Lai Ching-te asserted that Taiwan (Republic of China) and China (People's Republic of China) “are not subordinate to each other” and “China has no right to represent Taiwan”. Reacting sharply, China warned Lai that his provocative pro-independence stance would bring disaster to Taiwan's people and that his words would not change Taiwan's legal status as part of China. To deter Taiwan “separatists”, the PLA conducted a major military exercise titled “Joint Sword-2024B” around Taiwan on October 14, 2024.
President Xi met Russian President Vladimir Putin on the sidelines of the BRICS Summit in Kazan on October 22, 2024. Xi reaffirmed that China-Russia relations are based on the principle of “non-alliance, non-confrontation, and no targeting of third parties” and urged the two sides to deepen their strategic coordination to maintain global strategic stability.
On October 18, 2024, China's Ministry of National Defence opposed the proposal of Japan's new Prime Minister Shigeru Ishiba to establish an "Asian NATO", accusing Japan of hyping up the “non-existent China threat” to divert the international community’s attention away from its military expansion.
China's GDP expanded by 4.6 percent year-on-year in the third quarter of 2024, reportedly at its slowest pace for six quarters, as the property sector remained a major concern.
To read this China Monitor, Vol. VII, Issue 10, please see the PDF attached.