Latest news with #ChinaBrazil
South China Morning Post
a day ago
- Business
- South China Morning Post
As US door shuts, Brazilian one opens
Amid an intensifying trade and tech war with the United States, China's economic ties with Brazil have grown significantly. From soybeans and corn, and beef to iron ore, Chinese importers are increasingly switching from the US to South America's largest economy. But both sides are moving beyond commodities, and rapidly diversifying into finance and banking, and hi-tech. Advertisement A high-profile delegation of more than two dozen Brazilian entrepreneurs and heads of family offices was led by BTG Pactual, one of the country's largest banks, on a tour of Beijing, Shanghai, Shenzhen and Hong Kong. The roadshow followed a visit by President Luiz Inacio Lula da Silva to Beijing last month to strengthen bilateral ties. The two nations are founding members of Brics. It makes sense for prominent institutions such as BTG to look for investment opportunities in China, including the possibility of setting up shop in Hong Kong. In 2022, bilateral trade amounted to US$150 billion, a 37-fold increase from 2001. It hit US$181.5 billion in 2023. China is Brazil's largest trade partner, and accounts for more than 70 per cent of the latter's exports of soybeans and more than 40 per cent in pulp and crude oil. Chinese companies have already invested in Brazil's electricity sector, while others are eyeing building data centres, especially Chinese artificial intelligence firms. One attraction is Brazil's abundance of affordable renewable energy sources, such as hydropower. Lula's government is reforming the tax code, including reducing tariffs on data-centre equipment. This is despite Chinese AI companies having drawn hostile scrutiny from Washington, which is suspicious of almost any Chinese activity, commercial or otherwise, among its southern neighbours. Electric vehicle giant BYD – which cannot sell cars in the US because of prohibitive tariffs – is building a factory in Brazil that is set to be operational by the end of next year. On-demand service giant Meituan has signed a US$1 billion deal to expand its Keeta food delivery platform into Brazil. Pragmatic, neutral and ready for business, Brazil is showing the way for its neighbours to build prosperous ties with China. Advertisement
Globe and Mail
14-05-2025
- Entertainment
- Globe and Mail
CGTN: Peng Liyuan and Brazil's First Lady Visit NCPA in Beijing, Vow to Deepen Cultural Exchange
Beijing, China--(Newsfile Corp. - May 14, 2025) - The National Centre for the Performing Arts (NCPA) in Beijing on Tuesday welcomed Peng Liyuan, wife of Chinese President Xi Jinping, and Rosangela Lula da Silva, wife of Brazilian President Luiz Inacio Lula da Silva, as CGTN reported. CGTN photo Rosangela is accompanying the Brazilian president on his state visit to China. Peng and Rosangela appreciated the centre's interior architecture and viewed "Stage of Glory," an exhibition on the achievements of the NCPA, which has played a major role in China-Brazil and China-Latin America cultural and people-to-people exchanges in recent years. They also learned about the work of the NCPA in promoting international cultural exchange and art popularization. For example, in 2023, the NCPA launched its artists' first South American cultural exchange tour in Brazil and Argentina. In 2024, a special concert was held at the NCPA to celebrate the 50th anniversary of the establishment of diplomatic relations between China and Brazil. Noting that both China and Brazil are major cultural countries, Peng said that people-to-people and cultural exchange between the two sides has been active in recent years, and that mutual understanding and friendship between the peoples of the two countries have deepened. In recent years, China and Brazil have collaborated on a range of cultural exchange initiatives, including the China-Latin America Cultural Festival and film programs among BRICS nations. Brazilian cultural icons, such as adorable capybaras, bossa nova music, samba dance and capoeira, have gained widespread popularity in China. Meanwhile, traditional Chinese celebrations like the Spring Festival and cultural treasures such as traditional Chinese medicine are becoming increasingly familiar and appreciated in Brazil. In 2022, the City of Rio de Janeiro designated September 28 – widely recognized as Confucius' birthday – as Mandarin Day, reflecting the deepening cultural ties between China and Brazil. Additionally, in the state of Rio de Janeiro, the Spring Festival, or Chinese New Year, has been officially recognized as a public holiday. Bilateral cultural and people-to-people exchanges between China and Brazil were further strengthened in 2024 as the two countries celebrated the 50th anniversary of diplomatic relations. Marking the occasion, they signed an agreement to issue 10-year multiple-entry visas for their citizens in January, facilitating business, tourism and family visits, and boosting economic and commercial ties. In April, Air China also resumed its Beijing-Madrid-Sao Paulo route, enhancing connectivity between the two nations. A total of 76,000 Chinese tourists visited Brazil in 2024, an increase of 79 percent compared to 2023, according to Embratur, also known as the Brazilian Tourist Board. Next year, the China-Brazil Year of Culture will be held to enhance bilateral cooperation in fields such as culture, education, tourism and media and to facilitate personnel exchanges between the two countries. Looking ahead, Peng expressed the hope that both sides will maintain this good momentum and bring the two peoples closer. Appreciating Peng's arrangements, Rosangela spoke highly of China's development and splendid culture. She also expressed her willingness to actively promote people-to-people and cultural exchanges between the two countries, and to continue contributing to the deepening of friendship between Brazil and China. Hashtag: #CGTN The issuer is solely responsible for the content of this announcement. To view the source version of this press release, please visit
Zawya
14-05-2025
- Entertainment
- Zawya
CGTN: Peng Liyuan and Brazil's first lady visit NCPA in Beijing, vow to deepen cultural exchange
BEIJING, CHINA - Media OutReach Newswire - 14 May 2025 - The National Centre for the Performing Arts (NCPA) in Beijing on Tuesday welcomed Peng Liyuan, wife of Chinese President Xi Jinping, and Rosangela Lula da Silva, wife of Brazilian President Luiz Inacio Lula da Silva, as CGTN reported. Rosangela is accompanying the Brazilian president on his state visit to China. Peng and Rosangela appreciated the centre's interior architecture and viewed "Stage of Glory," an exhibition on the achievements of the NCPA, which has played a major role in China-Brazil and China-Latin America cultural and people-to-people exchanges in recent years. They also learned about the work of the NCPA in promoting international cultural exchange and art popularization. For example, in 2023, the NCPA launched its artists' first South American cultural exchange tour in Brazil and Argentina. In 2024, a special concert was held at the NCPA to celebrate the 50th anniversary of the establishment of diplomatic relations between China and Brazil. Noting that both China and Brazil are major cultural countries, Peng said that people-to-people and cultural exchange between the two sides has been active in recent years, and that mutual understanding and friendship between the peoples of the two countries have deepened. In recent years, China and Brazil have collaborated on a range of cultural exchange initiatives, including the China-Latin America Cultural Festival and film programs among BRICS nations. Brazilian cultural icons, such as adorable capybaras, bossa nova music, samba dance and capoeira, have gained widespread popularity in China. Meanwhile, traditional Chinese celebrations like the Spring Festival and cultural treasures such as traditional Chinese medicine are becoming increasingly familiar and appreciated in Brazil. In 2022, the City of Rio de Janeiro designated September 28 – widely recognized as Confucius' birthday – as Mandarin Day, reflecting the deepening cultural ties between China and Brazil. Additionally, in the state of Rio de Janeiro, the Spring Festival, or Chinese New Year, has been officially recognized as a public holiday. Bilateral cultural and people-to-people exchanges between China and Brazil were further strengthened in 2024 as the two countries celebrated the 50th anniversary of diplomatic relations. Marking the occasion, they signed an agreement to issue 10-year multiple-entry visas for their citizens in January, facilitating business, tourism and family visits, and boosting economic and commercial ties. In April, Air China also resumed its Beijing-Madrid-Sao Paulo route, enhancing connectivity between the two nations. A total of 76,000 Chinese tourists visited Brazil in 2024, an increase of 79 percent compared to 2023, according to Embratur, also known as the Brazilian Tourist Board. Next year, the China-Brazil Year of Culture will be held to enhance bilateral cooperation in fields such as culture, education, tourism and media and to facilitate personnel exchanges between the two countries. Looking ahead, Peng expressed the hope that both sides will maintain this good momentum and bring the two peoples closer. Appreciating Peng's arrangements, Rosangela spoke highly of China's development and splendid culture. She also expressed her willingness to actively promote people-to-people and cultural exchanges between the two countries, and to continue contributing to the deepening of friendship between Brazil and China. Hashtag: #CGTN The issuer is solely responsible for the content of this announcement. CGTN
Malay Mail
14-05-2025
- Entertainment
- Malay Mail
CGTN: Peng Liyuan and Brazil's first lady visit NCPA in Beijing, vow to deepen cultural exchange
BEIJING, CHINA - Media OutReach Newswire - 14 May 2025 -The National Centre for the Performing Arts (NCPA) in Beijing on Tuesday welcomed Peng Liyuan, wife of Chinese President Xi Jinping, and Rosangela Lula da Silva, wife of Brazilian President Luiz Inacio Lula da Silva, as CGTN is accompanying the Brazilian president on his state visit to and Rosangela appreciated the centre's interior architecture and viewed "Stage of Glory," an exhibition on the achievements of the NCPA, which has played a major role in China-Brazil and China-Latin America cultural and people-to-people exchanges in recent also learned about the work of the NCPA in promoting international cultural exchange and art popularization. For example, in 2023, the NCPA launched its artists' first South American cultural exchange tour in Brazil and Argentina. In 2024, a special concert was held at the NCPA to celebrate the 50th anniversary of the establishment of diplomatic relations between China and that both China and Brazil are major cultural countries, Peng said that people-to-people and cultural exchange between the two sides has been active in recent years, and that mutual understanding and friendship between the peoples of the two countries have recent years, China and Brazil have collaborated on a range of cultural exchange initiatives, including the China-Latin America Cultural Festival and film programs among BRICS cultural icons, such as adorable capybaras, bossa nova music, samba dance and capoeira, have gained widespread popularity in China. Meanwhile, traditional Chinese celebrations like the Spring Festival and cultural treasures such as traditional Chinese medicine are becoming increasingly familiar and appreciated in 2022, the City of Rio de Janeiro designated September 28 – widely recognized as Confucius' birthday – as Mandarin Day, reflecting the deepening cultural ties between China and Brazil. Additionally, in the state of Rio de Janeiro, the Spring Festival, or Chinese New Year, has been officially recognized as a public cultural and people-to-people exchanges between China and Brazil were further strengthened in 2024 as the two countries celebrated the 50th anniversary of diplomatic the occasion, they signed an agreement to issue 10-year multiple-entry visas for their citizens in January, facilitating business, tourism and family visits, and boosting economic and commercial ties. In April, Air China also resumed its Beijing-Madrid-Sao Paulo route, enhancing connectivity between the two nations.A total of 76,000 Chinese tourists visited Brazil in 2024, an increase of 79 percent compared to 2023, according to Embratur, also known as the Brazilian Tourist year, the China-Brazil Year of Culture will be held to enhance bilateral cooperation in fields such as culture, education, tourism and media and to facilitate personnel exchanges between the two ahead, Peng expressed the hope that both sides will maintain this good momentum and bring the two peoples Peng's arrangements, Rosangela spoke highly of China's development and splendid culture. She also expressed her willingness to actively promote people-to-people and cultural exchanges between the two countries, and to continue contributing to the deepening of friendship between Brazil and #CGTN The issuer is solely responsible for the content of this announcement.
