April 12, 2023

Brazilian President Luiz Inácio Lula da Silva on Wednesday officially kicked off his highly expected visit to China, after a brief delay due to his health condition.

Lula arrived in Shanghai late Wednesday to start a state visit that is believed to boost bilateral cooperation in a wide range of areas, including the use of local currencies in trade settlement and the China-proposed Belt and Road Initiative (BRI).  

Lula's stop in Shanghai, which includes a visit to a Brazilian firm's newly opened research and development (R&D) and innovation center, underscored that top on the agenda of his trip is not only traditional economic and trade cooperation, but also collaboration in new emerging technologies and the digital economy, observers noted.  

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