Brazil eyes ties with China beyond 'phase of commodity' exports

  • last year
Brazil eyes ties with China beyond 'phase of commodity' exports

Brazil’s President Luiz Inácio Lula da Silva has made it clear that his trip to Beijing is beyond the 'phase of commodity' exports and that he was counting on China to help reinvigorate the South American nation’s ailing industrial sector that has taken a hit because of exiting US companies. Brazilian finance minister Fernando Haddad told reporters the two nations are planning a 'leap forward' in their relationship following a meeting between Lula and President Xi Jinping on Friday, April 14, 2023.

Photos by AP

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