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    Home»Latest News»China, Brazil can be models of ‘self-reliance’ for Global South, Xi says | Business and Economy News
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    China, Brazil can be models of ‘self-reliance’ for Global South, Xi says | Business and Economy News

    Ironside NewsBy Ironside NewsAugust 12, 2025No Comments2 Mins Read
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    China’s Xi and Brazil’s Lula focus on cooperation amid fallout of US President Donald Trump’s commerce battle.

    Chinese language President Xi Jinping has urged that China and Brazil set an instance of “unity and self-reliance” within the World South, Chinese language state media has reported.

    In a cellphone name on Monday, Xi instructed Brazilian President Luiz Inacio Lula da Silva that China was able to work with Brazil to be a mannequin for different nations and construct a “extra simply world and a extra sustainable planet”, the state-run Xinhua information company stated.

    Xi instructed Lula that China-Brazil ties have been “at their greatest in historical past” and the “alignment” of the 2 nations’ growth methods was making “clean progress”, Xinhua reported.

    “Xi additionally stated that China backs the Brazilian individuals in defending their nationwide sovereignty and helps Brazil in safeguarding its legit rights and pursuits, urging all nations to unite in resolutely combating in opposition to unilateralism and protectionism,” Xinhua stated.

    Lula’s workplace stated the 2 leaders agreed on the function of the Group of 20 and BRICS in “defending multilateralism”, mentioned efforts to barter peace between Russia and Ukraine, and dedicated to increasing cooperation to sectors resembling well being, oil and gasoline, the digital financial system and satellites.

    “Each presidents additionally emphasised their willingness to proceed figuring out new enterprise alternatives between the 2 economies,” Lula’s workplace stated.

    Lula additionally reiterated the significance of China for the success of the COP30 world local weather convention in November in Belem, Brazil, his workplace stated.

    The 2 leaders held the dialogue as United States President Donald Trump’s commerce salvoes are spurring requires higher cooperation amongst rising economies, together with China and Brazil.

    In an interview with the Reuters information company final week, Lula stated he deliberate to contact the leaders of the 10-member BRICS group, which incorporates India and China, to debate the opportunity of a coordinated response to US tariffs.

    Trump final month introduced a 50 % tariff on Brazilian items, and on Monday he signed an executive order extending a pause on a 145 percent tariff on Chinese goods until November.

    China surpassed the US as Brazil’s largest buying and selling companion in 2009, with two-way commerce final 12 months reaching $188.17bn.



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