Prime Minister Narendra Modi with Brazil President Lula da Silva. Brazil recently joined India in rejecting China's flagship infrastructure project Belt and Road Initiative.

China faces setback: Brazil follows in India’s footsteps, becomes second BRICS country to reject BRI

Brazil recently decided against joining China’s multi-billion-dollar Belt and Road Initiative (BRI). This marks a major setback to China’s BRI after India’s refusal to endorse the mega project. With this development, Lula da Silva-headed country becomes the second country after India in the BRICS bloc to deny support. According to special presidential adviser for international…

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Brazil backs away from joining China’s belt and road but keeps funding door ajar

Brazil backs away from joining China’s belt and road but keeps funding door ajar

Brazil has decided against joining China’s Belt and Road Initiative, instead seeking alternative ways to collaborate with Chinese investors, a top government adviser said on Monday. Celso Amorim, special presidential adviser for international affairs, told Brazilian newspaper O Globo that Brazil wants to “take the relationship with China to a new level, without having to…

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