A day after China and the U.S. agreed to a 90-day truce in their tariffs stalemate, China is moving to strengthen its alliances as a counterweight to President Donald Trump's trade war.

President Xi Jinping vowed on Tuesday to boost China's footprint in Latin America and the Caribbean with a new $9 billion credit line and fresh infrastructure investment, although Brazil warned the region not to become too reliant on foreign funding.

The relationship between China and Brazil will be unbreakable, for both sides need each other; and as long as the two countries join hands, the Global South will gain unprecedented respect in the world,

The company said it would introduce Keeta to Brazil “in the coming months” and invest US$1 billion in the South American country over the next five years. The agreement was si

Meituan will invest US$1 billion over five years to start and expand a food delivery service in Brazil, as Luiz Inacio Lula da Silva hopes to transform the country’s commodities-reliant economy with help from China.

Brazilian President Luiz Inácio Lula da Silva is to meet Monday with executives from two major Chinese companies. Later in the day, he is to hold an encounter with representatives from the health sector and sign a series of agreements before closing the Brazil-China seminar.