Brazil’s Lula Heads to China Seeking Deeper Economic Ties

Image copyright: Handout [via Reuters]

The Spin

Pro-China narrative

The large number of businesspeople and politicians that have joined Lula's delegation to China makes it clear that Brazil has finally understood that strategic autonomy is the key to developing an emerging market economy of its size and potential. Unlike the US, which has trapped Latin American countries with its capital and companies, China represents a golden opportunity to the South American nation due to the complementarity of their economies, their cooperation framework, and their common interest of promoting multilateralism.

Anti-China narrative

It is politically concerning to the US that Lula's government has been attracted to the Belt and Road Initiative, as such a move would not only cement Beijing's influence in Latin America's largest economy and democracy, but it would also go against Biden and Lula's environmental agenda. The Biden admin. must take decisive action focused on supporting Brazil's climate mitigation policies, before it is too late both to curtail Chinese influence and to prevent environmental degradation.

Metaculus Prediction


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