China-Brazil relations are anticipated to improve with Luiz Inacio Lula da Silva’s third swearing-in as president of Brazil on Sunday. President Xi Jinping congratulated Lula da Silva on his inauguration as President of Brazil.
Indeed, as economic relations between the two sides have grown, overall bilateral ties should be more fluid.
China has been the main destination for Brazilian exports since 2009 and an important source of imports. There have been a number of episodes related to sensitive issues such as the politicization of the origin of the novel coronavirus. The new government is expected to adopt a different approach to foreign policy, including relations with China. Xi Jinping said China was committed to ensuring “the security of food, energy and resources”. This means the emergence of a new consumption pattern that would create business opportunities for Brazil. As a big, competitive exporter of food products and clean energy, it can provide a good deal of the required green goods and services.
