China’s CGTN network reported April 11 that an important aspect of Brazilian President Lula da Silva’s trip to China will be discussion of “new areas of cooperation,” for the purpose of diversifying trade and investment. The bilateral meeting between Xi Jinping and Lula on April 14 will have an “open agenda” for such discussion, after which investments to be made in Brazil will be announced.
CGTN correspondent Feng Yilei reported last night that Brazil is expected to join the Belt and Road Initiative (BRI), which other sources have also mentioned. Former Brazilian Finance Minister Rubens Ricupero told Argentina’s TN network that if joining the BRI “means that China is willing to finance railroads and ports, projects that Brazil can’t finance, this will have an evident benefit. Perhaps during this visit, this point will be clarified.”
According to Zhou Zhiwei at the Brazil Studies Center at the Chinese Academy of Social Sciences, semiconductors and 6G technology are high on the agenda during this visit. Lula is scheduled to meet in Shanghai with Hua Liang, CEO of the Huawei telecommunications giant, to discuss 5G and 6G technology, as well as other technological innovations related to health, security and telecommunications.
