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In China, Lula Seeks Help Building Back Brazilian Industry

Brazil's President Luiz Inácio Lula da Silva is visiting China to seek help building back Brazilian Industry, which has been declining for a number of years. Lula and Chinese President Xi Jinping have signed a number of agreements during the trip, including a deal to use the Chinese yuan in bilateral commerce. Lula is also seeking partnerships that challenge the hegemony of Western-dominated economic institutions and geopolitics.

The post In China, Lula Seeks Help Building Back Brazilian Industry appeared first on Balanced News Summary.



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