President Luiz Inácio Lula da Silva (PT) arrives in China this Wednesday (12) with trade and financial negotiations still underway with the country of Xi Jinping – they meet on Friday, in Beijing. Earlier on Thursday, the president will attend the inauguration of former president Dilma Rousseff at the Banco do Brics in Shanghai.
Lula wants investments in new productive assets and infrastructure, including railways and hydroelectric plants, while his Chinese counterpart demands Brazil’s formal entry into the Belt and Road Initiative (One Belt One Road), who turns ten in September. Members of the Brazilian delegation gave signals both that the Brazilian president can sign a memorandum to join the Chinese program, which already covers 21 Latin American countries, and that he can limit himself to symbolic support, without formal adherence.
Translated by AZAHARA MARTIN ORTEGA
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