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Lula hosts Xi Jinping for state visit as Brazil and China strengthen ties

regina.ctvnews.ca — November 21, 2024, 01:02 AM UTC

Brazil's President Luiz Inácio Lula da Silva hosted China's President Xi Jinping for a state visit in Brasília, marking a significant strengthening of ties. The leaders signed 37 agreements covering trade, tourism, agriculture, and more. Since China became Brazil's largest export market in 2009, trade has surged, with bilateral trade reaching $136.3 billion from January to October 2024. Lula aims to repair relations with China after tensions under former President Jair Bolsonaro. Lula's visit follows his trip to China last year and reflects Brazil's strategy to enhance its global presence. While China seeks Brazil's participation in its Belt and Road Initiative, Brazil has secured agreements without formal membership.

With a significance score of 5.3, this news ranks in the top 2% of today's 18197 analyzed articles.

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  4. [5.8]
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