Source: Foundation for Economic Education
by Jake Scott
“On a Sunday night in late July, Brazil’s Luiz Inácio Lula da Silva and China’s Xi Jinping spoke for more than an hour. It was cordial and faintly triumphant, with the two governments announcing their intention to accelerate a long-stalled China–Mercosur trade agreement. Alongside this, there are plans to deepen cooperation on satellites and critical-minerals processing, and waive short-stay visa requirements. This marks a serious change for Brazil.” (08/25/26)
https://fee.org/articles/brasilia-makes-friends-with-beijing/