Lula strengthens Brazil-China relations with tech and investment deals.

1 min read
Source: DW (English)
Lula strengthens Brazil-China relations with tech and investment deals.
Photo: DW (English)
TL;DR Summary

Chinese leader Xi Jinping is hosting Brazil's president, Luiz Inacio Lula da Silva, in Beijing on Sunday, seeking to deepen ties with another diplomatic ally following his three-day visit to Russia that took place earlier this week. China's trade relationship with Brazil is set to take center stage, as Lula is bringing a delegation of 240 business representatives with him to Beijing. Trade flow between China and Brazil currently amounts to $150 billion (€140 billion) annually, and Brazilian exports to China reached $89 billion in 2022.

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