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Economy & Business - June 2025

BRAZIL-REGION: China invests big amid Trump tariff crusade

Three South American heads of state flocked to Beijing in May for what is usually a ministerial-level forum between China and the Community of Latin American and Caribbean States (Celac) – Brazil’s President Luiz Inácio Lula da Silva, Colombia’s President Gustavo Petro, and Chile’s President Gabriel Boric. Sensing an opportunity to capitalise on frustration with the cold shoulder trade policy of the US, China was only too happy to roll out the red carpet.

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