China signed a convention setting up an international organisation for mediation in Hong Kong on Friday that Beijing hopes will be on par with the International Court of Justice and bolster the city's international credentials.

Chinese foreign minister says organisation will transcend ‘you-lose-I-win’ zero-sum mindsets and improve representation of Global South.

China’s Foreign Minister Wang Yi urged countries to look beyond zero-sum thinking and resolve disputes through dialog, as he signed a convention to set up a global mediation organization in Hong Kong.