Xi Jinping Signs 37 Deals with Socialist Brazil, Cementing Economic Stranglehold on Latin America
Breitbart News ^ | 21 Nov 2024 | Frances Martel
Posted on 11/22/2024 5:33:50 PM PST by george76
Genocidal Chinese dictator Xi Jinping held extensive, fruitful meetings with socialist Brazilian President Luiz Inácio Lula da Silva on Wednesday that concluded with the countries agreeing to elevate their diplomatic ties to that of “Community for a Shared Brazil-China Future for a More Just World and More Sustainable Planet.”
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The two leaders agreed to expand the scope of their cooperation as part of China’s Belt and Road Initiative (BRI), a global infrastructure plan in which China offers predatory loans to poor countries to be used to fund cost-prohibitive infrastructure projects. When the countries cannot pay the loans back, China uses the opportunity to seize the projects themselves or otherwise compromise the sovereignty of the country in question, as has happened to Sri Lanka and Zambia... China also exploits BRI projects to gather intelligence in targeted countries.
Lula, a radical leftist, has invested heavily in expanding China’s influence in his country since his first term in office began in 2003. In addition to joining the BRI, Lula helped found the BRICS coalition, an anti-American group initially consisting of China and Brazil alongside Russia, India, and South Africa. Lula served his first two terms from 2003 to 2011 and was repeatedly convicted on corruption charges related to a massive infrastructure fraud scheme known as “Operation Car Wash.” He won the 2022 presidential election after Brazil’s top court overturned his prison sentences on procedural grounds.
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Beijing is a primary enabler of some of the most nefarious rogue regimes in the world, including Iran, North Korea, and Cuba, while Brazil under Lula has
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Xi is currently concluding a South America tour that began in Peru, where he helped inaugurate an incomplete deep-water port alongside President Dina Boluarte and attended the annual support of the Asia-Pacific Economic Cooperation (APEC) group.
(Excerpt) Read more at breitbart.com ...
TOPICS: Business/Economy; China; Crime/Corruption; Foreign Affairs; Government; News/Current Events; Politics/Elections; War
KEYWORDS: brazil; socialist; socialistbrazil
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1 posted on 11/22/2024 5:33:50 PM PST by george76
To: george76
America could have had their trading bloc, if it hadn’t been for Democrats.
2 posted on 11/22/2024 5:38:49 PM PST by Jonty30 (Genghis Khan did not have the most descendants. His father had more. )
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