Economic Giants Align: Brazil's Growing Partnership with China
Description
2024 has been a pivotal year for Brazil-China relations. Last month marked 50 years of diplomatic ties between the two nations, and in celebration of this milestone, President Xi Jinping is expected to visit Brazil by the end of the year.
This visit comes as economic ties between the two countries are booming. Bilateral trade is on track to surpass last year’s $157 billion, and recent data shows Chinese investment in Brazil jumped by 33% in 2023.
Beyond economics, Presidents Xi Jinping and Luiz Inácio Lula da Silva share similar ideological views on key global issues, posing a growing challenge to U.S. influence in the Western Hemisphere.
This week, South China Morning Post correspondent Igor Patrick and Thiago Bessimo, co-founder of the Portuguese-language site Observa China, join Eric to unpack the deepening Brazil-China relationship and its global implications.
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