Why cooperation between China and Brazil has global significance: Global Times editorial

November 21, 2024 12:55 PM AEDT | By Cision
 Why cooperation between China and Brazil has global significance: Global Times editorial
Image source: Kalkine Media

BEIJING, Nov. 21, 2024 /PRNewswire/ -- On Tuesday afternoon local time, President Xi Jinping arrived in Brasilia and began his state visit to Brazil. Following two important multilateral meetings - the APEC meeting and the G20 Summit, the interactions between China and Brazil have also attracted great attention from the international media. According to reports, China and Brazil are expected to promote trade and cooperation in various fields including agriculture, infrastructure, energy and aerospace, strengthen the alignment of the two countries' development strategies, consolidate political mutual trust between the two sides, and enhance the strategic, innovative and leading nature of their bilateral relations.

China and Brazil are two major developing countries in the Eastern and Western Hemispheres. Both are vast and populous countries, and they are also BRICS members. Naturally, China and Brazil share many common themes in terms of national development and the progress of their people's livelihood, among other aspects. The most representative one is the commitment of both leaders to poverty alleviation as one of their most urgent tasks. President Xi described poverty alleviation work as "a major task I am determined to deliver," while Brazilian President Luiz Inácio Lula da Silva referred to solving hunger as "fulfilling the mission of life." This reflects the reality that although developing countries have their own realities, all countries have a common desire to pursue development and a better life.

Under the current international landscape, is it possible for developing countries to fully leverage their late-mover advantages through equal cooperation and mutual assistance, thereby forging a new path of shared development? China and Brazil have demonstrated through practice that this path is not only feasible but also holds tremendous promise for the future. As President Xi said, a weaker bird can start early and fly high. As influential developing nations, China and Brazil have opened a new avenue of cooperation that embodies mutual benefit and shared destiny, serving as a powerful inspiration for "Global South" countries striving for modernization. In this context, the enhanced and upgraded cooperation between the two countries carries profound significance beyond the bilateral level.

The mutually beneficial cooperation between China and Brazil is highly convincing. For 15 consecutive years, China has been Brazil's largest trading partner and one of its primary sources of foreign investment. According to Chinese statistics, China's annual imports from Brazil have exceeded $100 billion over the past three years. The scope of their shared interests continues to expand, with notable highlights in agriculture, infrastructure, green development, and technological innovation. Despite being approximately 18,800 kilometers apart, making them "the most distant countries," their relationship has transcended hemispheric and civilizational divides, achieving mutual learning and shared prosperity. They have also become a model for cooperation and win-win outcomes on the path to modernization between two developing countries and two "Global South" nations.

More importantly, China-Brazil cooperation is guided by lofty aspirations. Take poverty reduction as an example - both nations are determined to tackle challenges that even developed countries have struggled to address and are willing to share their solutions with others. This gives their partnership global and contemporary relevance, potentially marking a significant milestone in the true rise of the "Global South." As we keep enhancing the strategic impacts of our mutually beneficial cooperation, broaden its scope, and break new ground, more exemplary projects that align with the trends of the times, and deliver lasting benefits to the people are emerging. The dimensions of "South-South" cooperation will be enriched and expanded, providing stronger leverage for global peace and stability.

In the recent family photo taken at the G20 summit in Rio, the leaders of China, South Africa, Brazil and India stood together, with some commentators interpreting this as a sign that the future of "Global South" countries is on the horizon. Embracing this visible future, China and Brazil will boldly act as "pioneers" and "wave riders," using their deep friendship and close cooperation to write an even more remarkable chapter for the "Global South."


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.