From sustainable tech to tropical fruit trade, China and Brazil are celebrating five decades of diplomatic partnership – and their cooperation is greener than ever! As the G20 Summit kicks off in Rio, here's why this 'Global South' duo matters:
Milestones & Money
Since establishing ties in 1974, the nations upgraded to a comprehensive strategic partnership in 2012. Today, China remains Brazil’s top trade partner for the 15th straight year , with 2023 exchanges hitting $181.5B (that’s 6.1% growth!).
Beyond Soybeans & Steel
While commodities still flow, both countries now collaborate on:
- Renewable energy projects
- 5G infrastructure development
- Cultural exchange programs
Fun fact: 1/3 of Brazil’s orange juice exports go to China – talk about vitamin C diplomacy!
#G20Goals in Rio
As world leaders gather this week, analysts predict fresh Sino-Brazilian initiatives addressing climate tech and inclusive finance.
Reference(s):
China and Brazil see sustainable cooperation in various fields
cgtn.com