The trip will take place after an initial cancellation by the Brazilian president due to a “bacterial and viral bronchopneumonia due to influenza A”which prevented him from appearing in the Asian country at the end of March, as planned in the presidential agenda.
“After evaluation, despite clinical improvement, The medical service of the Presidency recommends postponing the trip to China until the viral transmission cycle is closed”, explained at the time of the suspension the Secretariat of Communication of Brazil.
Lula’s agenda in China
The leader of the Workers Party (PT) make two days of official visit in China: Thursday 13 in Shanghai and Friday the 14th in Beijingwhere he will sign 20 agreements and show an improvement in the bilateral relationship with the country led by Xi Jinpingthe main trading partner of Brazil since 2009.
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Lula will raise as a priority the creation of a binational fund to achieve a privileged position of investment and transfer of Chinese technology with a view to the Brazilian reindustrialization project. In addition, in a show of support for the Asian country over USAwill visit the factory of the main supplier of 5G world, Huawei, vetoed by Washington.
On the other hand, and in tune with the search for agreements, the president of Brazil will make an announcement linked to the industry: the electric vehicle company BYD, a Chinese giant based in Brazilwill acquire the abandoned plant in Bay of the American Ford, a company that left the country during the Bolsonaro mandate.
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At the end of January, the Brazilian president’s pneumonia seemed to frustrate what is still seen as a positive encounter between both leaders. In a context of international isolation in certain countries, marked by the former president Jair Bolsonaro, Lula seeks to resume the “South American integrationcane” and a dialogue “elevated and active” with United States, Europe and China.
Bilateral trade between China and Brazil It had its record in 2022: the figures reached US$150.5 billion, with Brazilian exports at US$89.7 billion. BrazilFurthermore, it is main destination of Chinese investment in Latin America (48%), according to Brazil-China Business Council.
Source: Ambito
