Chinese President Xi Jinping to Attend 15th BRICS Summit in South Africa

The Chinese Ministry of Foreign Affairs announced today, Friday, that Chinese President Xi Jinping is scheduled to attend the 15th BRICS Summit, which will be held in Johannesburg, South Africa, next Tuesday.

According to the spokesperson for the Chinese Ministry of Foreign Affairs, Hua Chunying, as reported by the Chinese news agency Xinhua, "Chinese President Xi Jinping will attend the 15th BRICS Summit, which will be held in Johannesburg, South Africa."

Hua clarified that President Xi will visit South Africa from August 21 to 24, upon the invitation of his South African counterpart, Cyril Ramaphosa. She added that during his stay in South Africa, the Chinese President will assume joint presidency with African President Ramaphosa.

South Africa is hosting the BRICS Summit next Tuesday, with the participation of the five-member group's leaders, focusing on supporting development goals, investments, and expectations of launching a competitor to the dollar.

The term "BRICS" is an acronym for four member countries, namely Brazil, Russia, India, and China, with South Africa joining the group later in 2010.

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