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Lula hosts Xi in Brasilia as Brazil and China strengthen ties with new agreements

independent.co.uk — November 20, 2024, 11:01 PM UTC

Brazil's President Luiz Inácio Lula da Silva hosted China's President Xi Jinping for a state visit in Brasilia, marking a significant strengthening of ties. The leaders signed 37 agreements covering trade, tourism, agriculture, and more. This visit follows Lula's efforts to repair relations with China after tensions under former President Jair Bolsonaro. China has been Brazil's largest export market since 2009, with trade between the two countries reaching $136.3 billion from January to October 2024. Lula aims to enhance Brazil's global presence, contrasting with Bolsonaro's isolationist approach. While Brazil considers joining China's Belt and Road Initiative, it has secured agreements without formal participation, balancing its relationships with both China and the West.

With a significance score of 5.1, this news ranks in the top 3% of today's 18237 analyzed articles.

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