China's Xi tells Lula ties with Brazil a diplomatic priority for Beijing

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China's Xi tells Lula ties with Brazil a diplomatic priority for Beijing
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China’s Xi tell his Brazilian counterpart, Luiz Inacio Lula da Silva, that Beijing has made relations with Brasilia a diplomatic priority

Brazilian President Luiz Inacio Lula da Silva and Chinese President Xi Jinping attend a welcoming ceremony at the Great Hall of the People in Beijing on Friday.

He was greeted by Xi on Friday afternoon at a red carpet ceremony outside Beijing's Great Hall of the People, where a military band played the national anthems of Brazil and China. "Why can't a bank like the BRICS bank have a currency to finance trade between Brazil and China, between Brazil and other BRICS countries?...

"No bank should be asphyxiating countries' economies the way the IMF is doing now with Argentina, or the way they did with Brazil for a long time and every third-world country," he said.

Both countries have refused to join Western nations in imposing sanctions on Russia for its invasion.

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