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Lula and Xi sign dozens of trade deals as Brazil-China ties deepen

  

Category:  World News

Via:  bob-nelson  •  9 hours ago  •  13 comments

By:   Al Jazeera

Lula and Xi sign dozens of trade deals as Brazil-China ties deepen



Presidents of China and Brazil hail 'new phase' in relations between two countries, which are major trading partners


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Why would any country trust Trump? Why would any country make deals that engage their future, with a man so obviously determined to destroy the world.

I'm sure that Lula doesn't want to cozy up to Xi. But as a lesser of two evils, there's just no contest.






S E E D E D   C O N T E N T


Presidents of China and Brazil hail 'new phase' in relations between two countries, which are major trading partners.

original
Chinese President Xi Jinping and his Brazilian counterpart Luiz Inacio Lula da Silva have inked dozens of trade and development deals, as the pair held talks in Brazil's capital aimed at deepening ties between the two countries.

The leaders on Wednesday showcased their growing bilateral relationship by signing nearly 40 agreements on trade, technology and environmental protection.

"This is another historic moment in the development of China-Brazil relations," said Xi, adding that China was ready to make the countries "golden partners".

For his part, Lula said he was "confident" that the partnership "will exceed all expectations and pave the way for a new phase of bilateral relations".

Xi's visit to Brasilia comes after his attendance earlier this week at a Group of 20 (G20) summit in Rio de Janeiro as well as an Asia-Pacific Economic Cooperation (APEC) summit last week in Lima, Peru.

The Chinese leader figured prominently at both meetings, in contrast with outgoing United States President Joe Biden, who is in the final weeks of his time in office ahead of the January inauguration of incoming US President Donald Trump.

China has been an increasingly important trade partner and investor in Latin America in recent years, while many observers expect the US government under Trump to erect additional trade and migration barriers that will affect the region.

A group portrait on the first day of the G20 summit highlighted the moment, with Xi front and centre next to the presidents of Brazil, India and South Africa - China's partners in the BRICS group of major developing nations.

Biden missed that photo op for "logistical reasons", the White House said.

Lula, who took office in early 2023 after the tumultuous tenure of his far-right predecessor Jair Bolsonaro, has been seeking to reset Brazil's relationships with its foreign allies.

Experts have said the Brazilian leader also is trying to "carve out … a distinctive role" for Brazil in global geopolitics by maintaining ties with Washington while also building relationships with the US's rivals, including China and Russia.

On Wednesday, Lula welcomed Xi with full honours, greeting him on the red carpet as horse-mounted guards rode past, a military brass band played their two countries' national anthems, and lines of children waved Chinese and Brazilian flags.

China is Brazil's largest trading partner overall, with two-way commerce exceeding $160bn last year.

The South American country sends mainly soybeans and other primary commodities to China, which in turn sells Brazil semiconductors, telephones, vehicles and medicines.


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Bob Nelson
Professor Guide
1  seeder  Bob Nelson    9 hours ago

The world turns, while Trump collects his Klown Kar Kabinet.

(That's "KKK"  -see what I did there?   jrSmiley_79_smiley_image.gif )

 
 
 
Sean Treacy
Professor Principal
2  Sean Treacy    8 hours ago

hy would any country make deals that engage their future, with a man so obviously determined to destroy the world.

Some people admittedly believe in authoritarianism and dislike Democracy.

So when  authoritarian governments act aggressively to destabilize the world, " Chinese vessel has been implicated in what has been described as the sabotage of undersea telecom cables in the Baltic Sea,"  they attack Trump. 

No doubt, Trump dressed the cable too provocatively and it deserved it. 

 
 
 
Ed-NavDoc
Professor Quiet
3  Ed-NavDoc    8 hours ago

Lula has not woke up to the price tag Xi will put on this trade deal.

 
 
 
Sean Treacy
Professor Principal
4  Sean Treacy    8 hours ago

The model of diplomacy:

China has been   ramping up pressure   on its neighbors, the Philippines, Brunei, Indonesia, Malaysia, Taiwan and Vietnam, attempting to force them to cede their maritime claims in the resource-rich South China Sea. China uses an arbitrary boundary drawn by Beijing, the so-called “nine-dash line,” to claim the bulk of the sea, while portraying its opponents defending their rights under international law as aggressors.

 
 
 
Buzz of the Orient
Professor Expert
5  Buzz of the Orient    8 hours ago

Don't leave Peru out of the picture, where the APEC get-together was held.  Xi shone there as well.  China built a Pacific Ocean port for Peru that has brightened Peru's future by providing jobs and a conduit to the rest of South America for making goods from the Asia-Pacific region more affordable by cutting out excessive shipping costs.  

 
 
 
Bob Nelson
Professor Guide
6  seeder  Bob Nelson    8 hours ago

Denial, denial, denial!

Here we have news of deals being signed between Brazil and China. "Deals being signed" is obviously the subject of the article. But our NT "let's never talk about the actual topic" folks derail immediately. 

Baltic Sea and Philippine Sea... rather than Brazil and China. Sure. Yeah. Of course...  jrSmiley_78_smiley_image.gif

 
 
 
Sean Treacy
Professor Principal
6.1  Sean Treacy  replied to  Bob Nelson @6    8 hours ago

sorry bob, didn't mean to interrupt your glorification of China as the model of peaceful  diplomacy by providing actual facts  with regards to how they operate internationally. 

 
 
 
Buzz of the Orient
Professor Expert
6.2  Buzz of the Orient  replied to  Bob Nelson @6    6 hours ago

I'm surprised we didn't get the usual history lesson.

 
 
 
Bob Nelson
Professor Guide
6.2.1  seeder  Bob Nelson  replied to  Buzz of the Orient @6.2    5 hours ago

Didn't bother, as we both know more than he.

 
 
 
Buzz of the Orient
Professor Expert
7  Buzz of the Orient    8 hours ago

If China is becoming more prominent in the world, it's still an amateur compared to America when it comes to hegemony.  The difference between the two nations is that America is doing whatever it can to contain China and throw roadblocks in its progress, while instead, China builds strong relations and shares benefits around the world.  And from what I've seen on NT, most Americans are doing and saying whatever they can to further America's intent.  Fear begets hatred, doesn't it. 

 
 
 
Bob Nelson
Professor Guide
7.1  seeder  Bob Nelson  replied to  Buzz of the Orient @7    8 hours ago

Move forward, move forward, move forward. That seems to be Xi's game.

It won't be Trump's.

I think we know who will win.

 
 
 
Kavika
Professor Principal
8  Kavika     4 hours ago

In Trumps first term the tariffs he instituted were answered by the Chinese and they targeted the farm products and American farmers were left in the lurch and had to be bailed out by the US government and where did Chinese get it’s soybeans from, well Brazil of course so this is just an another move by china to set itself up in our back yard. 

A few years ago the US was the biggest trading partner with South America, that is no longer true it’s now China and the most recent is the proposal to build another Panama Canal across Nicauagra in Central America and this is being.financed by China, and it isn’t a pie in the sky plan. The Panama Canal is in real trouble with the drought taking place transit times and cost for the shipping lines has increased dramatically in the past couple of years and I’m sure that China has a plan with a canal across Central America to take advantage of Panama.

 
 
 
Buzz of the Orient
Professor Expert
10  Buzz of the Orient    3 hours ago

Trump smacked China with tariffs, China smacked back.  I wonder what the backlash is going to be when Trump hits China hard with high tariffs as he has already proposed, as high as 100%.  I think we all know who's going to pay the piper when that happens.  It would be worthwhile being a bankruptcy lawyer in America when it does. 

 
 

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