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Xi Congratulates Lula on Re-Election as Brazilian President

Xi’s message follows Lula’s 51.76% win and comes as China remains Brazil’s largest investor and trading partner, officials said.

  • Following his recent victory, Chinese President Xi Jinping and state institutions extended congratulations to Brazilian President Luiz Lula da Silva, expressing Beijing's optimism regarding continued cooperation between the two nations.
  • Lula secured an unprecedented fourth term in the runoff, defeating Senator Flavio Bolsonaro, an open ally of President Donald Trump who finished ahead in the first round.
  • Bilateral trade reached a record $171 billion in 2025, with Brazil absorbing 10.9 percent of total Chinese outbound investment, reflecting deep economic integration between the two countries.
  • Lula signed Law 15.506/2026 on September 16, establishing the National Policy on Critical and Strategic Minerals and a presidential council, the CIMCE, to scrutinize foreign control changes in critical mineral companies.
  • The United States is challenging Chinese dominance in the sector, backing USA Rare Earth's $2.8 billion acquisition of the Serra Verde Mining Complex with $565 million in direct funding from the International Development Finance Corporation.
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Jovem Pan News broke the news on Monday, October 26, 2026.
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