China’s influence in Latin America may be significantly tested by the US revival of the Monroe Doctrine, as Washington’s attack on Venezuela is set to have a chilling effect on the region’s engagement with Beijing, analysts warn. In a surprise precision operation on Saturday, the US military struck Venezuela, captured its leader Nicolas Maduro and…
U.S. President Donald Trump looks on next to people waving Malaysian national flags before he departs on Air Force One from Kuala Lumpur International Airport in Sepang on Oct. 27, 2025. Andrew Caballero-reynolds | Afp | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key…
The Brics emergency summit at which Chinese President Xi Jinping delivered a speech was convened by Brazil to coordinate resistance to growing pressures from US President Donald Trump’s trade war. It did not turn into a forum for an open clash with the United States, as anticipated by some. But it would be a mistake…
Members of the Brics nations logged into a virtual summit on Monday, convened by Brazilian President Luiz Inacio Lula da Silva, intending to take a defiant stand against US President Donald Trump’s escalating trade war. Instead, the quickly assembled outing became an exercise in caution, as the bloc’s heavyweights, Brazil and India, sought to steer…
Chinese President Xi Jinping has called for a unified response to trade challenges posed by the United States, emphasising the need to build an open global economy and resist all forms of protectionism as he addressed a virtual summit of the Brics group on Monday. “No matter how the international situation changes, we must unwaveringly…
Chinese electric vehicle giant BYD registered a local unit as a car manufacturer, a possible hint that the world’s biggest EV maker could soon start producing vehicles in South America’s third-largest auto market. The filing, registered with the country’s Justice Ministry, authorises BYD Auto Argentina SAU not only to import and sell cars but also…
China-Brazil relations can set example of unity and self-reliance, says Chinese president President Xi Jinping and his Brazilian counterpart Luiz Inacio Lula da Silva expressed their opposition to unilateralism and protectionism, pledging to promote the greater development of bilateral ties. In a phone conversation between the two heads of state on Aug 12, Xi told…
BRASILIA (Reuters) -Brazil’s President Luiz Inacio Lula da Silva on Tuesday said his government would provide 30 billion reais ($5.55 billion) in credit as part of a plan to support companies that export goods and are affected by steeper tariffs imposed from Washington. In an interview with local news outlet BandNews, Lula said this was…
In this file photo dated Nov 20, 2024, Chinese President Xi Jinping (left) and Brazilian President Luiz Inacio Lula da Silva shake hands during their meeting in Brasilia, the capital of Brazil. (PHOTO / XINHUA) BEIJING – Chinese President Xi Jinping said Tuesday that China is ready to work with Brazil to set an example…
Brazilian President Luiz Inácio Lula da Silva has spoken by phone with Chinese leader Xi Jinping for about an hour, in a high-level contact aimed at reinforcing ties with Brazil’s largest trading partner while confronting a sudden rupture in trade relations with the United States. The call on Tuesday morning Beijing time, requested by Lula,…