IBOV 176,402.10 ▲ 1.77% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 — 0.00% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 57,575.02 — — USD/BRL5.06▼ 0.29% USD/MXN17.39▼ 0.11% USD/CLP934.60▼ 0.12% USD/COP3,203▼ 1.62% USD/PEN3.40▲ 0.08% USD/ARS1,478▲ 0.02% USD/UYU40.14▲ 1.07% USD/PYG6,035▲ 1.50% USD/BOB10.95▲ 3.79% USD/DOP58.34▲ 0.24% USD/CRC447.42▲ 1.35% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 1.52% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.77▼ 0.83% BRENT 94.19 ▲ 3.49% WTI 87.12 ▲ 2.60% IRON ORE 161.91 — — COPPER 6.51 ▲ 0.02% GOLD 4,161 ▲ 2.21% SILVER 60.99 ▲ 3.65% SOY 1,236 ▲ 1.31% CORN 483.75 ▲ 6.85% WHEAT 700.50 ▲ 3.32% COFFEE 317.65 ▼ 4.31% SUGAR 14.80 ▼ 0.54% ORANGE JUICE 146.80 ▲ 2.09% COTTON 80.43 ▲ 1.86% COCOA 5,412 ▼ 3.48% BEEF 219.68 ▼ 3.09% CATTLE 337.43 ▼ 3.47% LITHIUM 69.34 ▲ 0.38% PETR4 42.62 ▲ 2.30% VALE3 74.32 ▲ 2.88% ITUB4 42.82 ▲ 0.68% BBDC4 18.66 ▲ 0.59% ABEV3 16.05 ▲ 1.58% BBAS3 20.78 ▼ 0.48% B3SA3 15.57 ▲ 2.64% WEGE3 46.30 ▲ 9.02% PRIO3 59.53 ▲ 2.32% SUZB3 42.46 ▲ 1.99% RENT3 37.00 ▲ 1.23% AZZA3 17.57 ▲ 0.51% CSAN3 3.90 ▲ 3.17% RAIZ4 0.28 ▲ 3.70% PCAR3 2.72 ▼ 0.37% GMAT3 3.86 ▲ 0.78% PSSA3 54.45 ▲ 1.81% CVCB3 1.22 ▲ 8.93% POSI3 3.71 ▲ 0.82% SLCE3 13.85 ▲ 0.73% NATU3 8.76 ▲ 0.57% BRKM5 6.04 ▲ 5.78% RANI3 7.98 ▲ 1.14% CSNA3 5.26 ▲ 3.95% CMIN3 5.85 ▲ 4.84% USIM5 8.58 ▲ 1.42% GGBR4 23.81 ▲ 1.36% ENEV3 25.67 ▲ 0.98% CPFE3 46.64 ▲ 0.52% CMIG4 11.14 ▲ 1.09% EQTL3 38.97 ▲ 0.36% LREN3 13.55 ▲ 2.11% VIVT3 35.96 ▲ 0.45% RAIL3 13.60 ▲ 2.72% KLABIN 17.89 ▲ 1.71% RAIA DROGASIL 18.21 ▲ 0.44% RDOR3 34.24 ▲ 0.94% HAPV3 11.53 ▲ 2.58% FLRY3 16.70 ▲ 0.91% SMTO3 15.94 ▲ 2.31% UGPA3 32.39 ▲ 1.79% VBBR3 34.42 ▲ 1.38% BBSE3 41.93 ▲ 0.91% BPAC11 56.16 ▲ 1.43% CURY3 30.22 ▲ 0.90% AERI3 2.06 ▲ 0.98% VIVARA 21.33 ▼ 0.37% COMPASS 24.71 ▲ 1.10% VAMOS 3.18 ▲ 2.91% SANB11 26.83 ▼ 1.40% ASAI3 8.42 ▲ 2.06% SBSP3 28.96 ▲ 1.26% WALMEX 49.37 ▲ 0.45% GMEXICO 213.45 ▲ 2.14% FEMSA 230.15 ▲ 1.50% CEMEX 22.36 ▲ 1.31% GFNORTE 190.10 ▲ 2.31% BIMBO 60.30 ▲ 1.53% TELEVISA 9.88 ▲ 1.23% AMX 22.69 ▼ 0.31% GAP 382.19 ▲ 0.97% ASUR 272.82 ▼ 0.78% OMA 232.52 ▲ 2.77% KOF 184.13 ▲ 2.03% GRUMA 282.73 ▲ 0.05% KIMBER 39.20 ▲ 2.08% SQM-B 66,032 ▲ 2.31% COPEC 6,355 ▼ 1.47% BSANTANDER 79.47 ▲ 0.58% FALABELLA 5,910 ▼ 0.15% ENELAM 84.13 ▼ 0.47% CENCOSUD 2,027 ▼ 0.04% CMPC 1,065 ▼ 1.74% BANCO CHILE 189.99 ▼ 0.01% LATAM AIR 23.99 ▼ 0.87% YPF 82,425 ▲ 2.23% GGAL 8,250 ▲ 3.58% PAMPA 5,530 ▲ 1.00% TXAR 678.00 ▼ 0.15% ALUAR 950.00 ▼ 2.36% TGS 9,855 ▲ 1.49% CEPU 2,359 ▲ 0.81% MIRGOR 16,925 ▲ 0.89% COME 43.00 ▲ 0.30% LOMA NEGRA 3,660 ▲ 1.53% BYMA 296.25 ▲ 1.37% TELECOM ARG 4,330 ▲ 1.76% ECOPETROL 16.95 ▲ 2.51% BANCOLOMBIA 84.12 ▲ 0.57% GRUPO AVAL 5.05 ▼ 0.79% CREDICORP 389.55 ▼ 0.40% SOUTHERN COPPER 191.44 ▲ 1.82% BUENAVENTURA 32.53 ▲ 4.10% MERCADOLIBRE 1,812 ▼ 0.61% NUBANK 14.06 ▼ 2.29% XP 17.02 ▲ 1.01% PAGSEGURO 9.51 ▼ 0.78% STONE 11.19 ▼ 0.62% GLOBANT 32.40 ▲ 0.93% TECNOGLASS 45.90 ▲ 1.66% GAP AIRPORT 219.47 ▲ 0.82% ASUR 272.82 ▼ 0.78% OMA AIRPORT 106.66 ▲ 2.33% AMX ADR 26.09 — 0.00% FEMSA ADR 132.11 ▲ 1.35% CEMEX ADR 12.86 ▲ 1.22% PETROBRAS ADR 19.03 ▲ 2.64% VALE ADR 14.68 ▲ 3.00% ITAU ADR 8.41 ▲ 0.12% SANTANDER BR 5.40 ▼ 0.18% AMBEV ADR 3.15 ▲ 1.29% CSN 1.05 ▲ 5.00% GERDAU 4.71 ▲ 1.51% LATAM ADR 51.09 ▼ 0.94% BTC 65,599 ▼ 1.36% ETH 1,927 ▼ 0.08% SOL 77.51 ▼ 0.77% XRP 1.14 ▼ 0.30% BNB 571.20 ▼ 0.42% ADA 0.17 ▲ 0.38% DOGE 0.07 ▼ 0.96% AVAX 6.54 ▼ 0.33% LINK 8.65 ▲ 0.00% DOT 0.84 ▼ 0.92% LTC 46.62 ▼ 0.42% BCH 219.99 ▼ 1.66% TRX 0.33 ▼ 0.09% XLM 0.19 ▼ 1.32% HBAR 0.07 ▲ 3.11% NEAR 1.88 ▼ 2.95% ATOM 1.46 ▼ 1.49% AAVE 97.38 ▲ 1.89% SELIC 14.25% EMBRAER 84.34 ▲ 2.04% EMBRAER ADR 66.60 ▲ 1.73% JBS 12.26 ▲ 2.55% JBS BDR 61.77 ▲ 2.57% MBRF3 15.46 ▲ 2.32% MBRFY 3.00 ▲ 1.69% INTER 5.53 ▼ 0.90% EGX 53,932 ▼ 0.11% USD/ZAR16.42▼ 0.30% USD/NGN1,370▼ 0.55% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY163.06▼ 0.07% USD/CNY6.76▼ 0.08% DAX 25,151 ▲ 0.56% CAC 8,444 ▲ 0.96% FTSE 10,726 ▲ 1.32% MIB 52,811 ▲ 1.01% IBEX 19,601 ▲ 1.14% STOXX 647.36 ▲ 0.65% EUR/USD1.14▲ 0.16% GBP/USD1.34▼ 0.35% SPX 7,512 ▲ 0.03% DJI 52,429 ▲ 0.39% NDX 29,108 ▼ 0.16% RUT 2,980 ▼ 0.26% TSX 35,706 ▲ 0.95% VIX 17.16 ▲ 0.65% USD/CAD1.41▼ 0.17% US10Y 4.6420 ▲ 0.30% IBOV 176,402.10 ▲ 1.77% IPSA 10,954.04 ▲ 0.52% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,281,979 — 0.00% COLCAP 2,301.34 ▲ 0.13% BVL PERÚ 57,575.02 — — USD/BRL 5.06 ▼ 0.29% USD/MXN 17.40 ▼ 0.08% USD/CLP 934.60 ▼ 0.12% USD/COP 3,203 ▼ 1.62% USD/PEN 3.40 ▲ 0.08% USD/ARS 1,478 ▲ 0.02% USD/UYU 40.14 ▲ 1.07% USD/PYG 6,035 ▲ 1.50% USD/BOB 10.95 ▲ 3.79% USD/DOP 58.34 ▲ 0.24% USD/CRC 447.42 ▲ 1.35% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.74 ▲ 1.52% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.35% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.77 ▼ 0.83% BRENT 94.19 ▲ 3.49% WTI 87.12 ▲ 2.60% IRON ORE 161.91 — — COPPER 6.51 ▲ 0.02% GOLD 4,161 ▲ 2.21% SILVER 60.99 ▲ 3.65% SOY 1,236 ▲ 1.31% CORN 483.75 ▲ 6.85% WHEAT 700.50 ▲ 3.32% COFFEE 317.65 ▼ 4.31% SUGAR 14.80 ▼ 0.54% ORANGE JUICE 146.80 ▲ 2.09% COTTON 80.43 ▲ 1.86% COCOA 5,412 ▼ 3.48% BEEF 219.68 ▼ 3.09% CATTLE 337.43 ▼ 3.47% LITHIUM 69.34 ▲ 0.38% PETR4 42.62 ▲ 2.30% VALE3 74.32 ▲ 2.88% ITUB4 42.82 ▲ 0.68% BBDC4 18.66 ▲ 0.59% ABEV3 16.05 ▲ 1.58% BBAS3 20.78 ▼ 0.48% B3SA3 15.57 ▲ 2.64% WEGE3 46.30 ▲ 9.02% PRIO3 59.53 ▲ 2.32% SUZB3 42.46 ▲ 1.99% RENT3 37.00 ▲ 1.23% AZZA3 17.57 ▲ 0.51% CSAN3 3.90 ▲ 3.17% RAIZ4 0.28 ▲ 3.70% PCAR3 2.72 ▼ 0.37% GMAT3 3.86 ▲ 0.78% PSSA3 54.45 ▲ 1.81% CVCB3 1.22 ▲ 8.93% POSI3 3.71 ▲ 0.82% SLCE3 13.85 ▲ 0.73% NATU3 8.76 ▲ 0.57% BRKM5 6.04 ▲ 5.78% RANI3 7.98 ▲ 1.14% CSNA3 5.26 ▲ 3.95% CMIN3 5.85 ▲ 4.84% USIM5 8.58 ▲ 1.42% GGBR4 23.81 ▲ 1.36% ENEV3 25.67 ▲ 0.98% CPFE3 46.64 ▲ 0.52% CMIG4 11.14 ▲ 1.09% EQTL3 38.97 ▲ 0.36% LREN3 13.55 ▲ 2.11% VIVT3 35.96 ▲ 0.45% RAIL3 13.60 ▲ 2.72% KLABIN 17.89 ▲ 1.71% RAIA DROGASIL 18.21 ▲ 0.44% RDOR3 34.24 ▲ 0.94% HAPV3 11.53 ▲ 2.58% FLRY3 16.70 ▲ 0.91% SMTO3 15.94 ▲ 2.31% UGPA3 32.39 ▲ 1.79% VBBR3 34.42 ▲ 1.38% BBSE3 41.93 ▲ 0.91% BPAC11 56.16 ▲ 1.43% CURY3 30.22 ▲ 0.90% AERI3 2.06 ▲ 0.98% VIVARA 21.33 ▼ 0.37% COMPASS 24.71 ▲ 1.10% VAMOS 3.18 ▲ 2.91% SANB11 26.83 ▼ 1.40% ASAI3 8.42 ▲ 2.06% SBSP3 28.96 ▲ 1.26% WALMEX 49.37 ▲ 0.45% GMEXICO 213.45 ▲ 2.14% FEMSA 230.15 ▲ 1.50% CEMEX 22.36 ▲ 1.31% GFNORTE 190.10 ▲ 2.31% BIMBO 60.30 ▲ 1.53% TELEVISA 9.88 ▲ 1.23% AMX 22.69 ▼ 0.31% GAP 382.19 ▲ 0.97% ASUR 272.82 ▼ 0.78% OMA 232.52 ▲ 2.77% KOF 184.13 ▲ 2.03% GRUMA 282.73 ▲ 0.05% KIMBER 39.20 ▲ 2.08% SQM-B 66,032 ▲ 2.31% COPEC 6,355 ▼ 1.47% BSANTANDER 79.47 ▲ 0.58% FALABELLA 5,910 ▼ 0.15% ENELAM 84.13 ▼ 0.47% CENCOSUD 2,027 ▼ 0.04% CMPC 1,065 ▼ 1.74% BANCO CHILE 189.99 ▼ 0.01% LATAM AIR 23.99 ▼ 0.87% YPF 82,425 ▲ 2.23% GGAL 8,250 ▲ 3.58% PAMPA 5,530 ▲ 1.00% TXAR 678.00 ▼ 0.15% ALUAR 950.00 ▼ 2.36% TGS 9,855 ▲ 1.49% CEPU 2,359 ▲ 0.81% MIRGOR 16,925 ▲ 0.89% COME 43.00 ▲ 0.30% LOMA NEGRA 3,660 ▲ 1.53% BYMA 296.25 ▲ 1.37% TELECOM ARG 4,330 ▲ 1.76% ECOPETROL 16.95 ▲ 2.51% BANCOLOMBIA 84.12 ▲ 0.57% GRUPO AVAL 5.05 ▼ 0.79% CREDICORP 389.55 ▼ 0.40% SOUTHERN COPPER 191.44 ▲ 1.82% BUENAVENTURA 32.53 ▲ 4.10% MERCADOLIBRE 1,812 ▼ 0.61% NUBANK 14.06 ▼ 2.29% XP 17.02 ▲ 1.01% PAGSEGURO 9.51 ▼ 0.78% STONE 11.19 ▼ 0.62% GLOBANT 32.40 ▲ 0.93% TECNOGLASS 45.90 ▲ 1.66% GAP AIRPORT 219.47 ▲ 0.82% ASUR 272.82 ▼ 0.78% OMA AIRPORT 106.66 ▲ 2.33% AMX ADR 26.09 — 0.00% FEMSA ADR 132.11 ▲ 1.35% CEMEX ADR 12.86 ▲ 1.22% PETROBRAS ADR 19.03 ▲ 2.64% VALE ADR 14.68 ▲ 3.00% ITAU ADR 8.41 ▲ 0.12% SANTANDER BR 5.40 ▼ 0.18% AMBEV ADR 3.15 ▲ 1.29% CSN 1.05 ▲ 5.00% GERDAU 4.71 ▲ 1.51% LATAM ADR 51.09 ▼ 0.94% BTC 65,599 ▼ 1.36% ETH 1,927 ▼ 0.08% SOL 77.51 ▼ 0.77% XRP 1.14 ▼ 0.30% BNB 571.20 ▼ 0.42% ADA 0.17 ▲ 0.38% DOGE 0.07 ▼ 0.96% AVAX 6.54 ▼ 0.33% LINK 8.65 ▲ 0.00% DOT 0.84 ▼ 0.92% LTC 46.62 ▼ 0.42% BCH 219.99 ▼ 1.66% TRX 0.33 ▼ 0.09% XLM 0.19 ▼ 1.32% HBAR 0.07 ▲ 3.11% NEAR 1.88 ▼ 2.95% ATOM 1.46 ▼ 1.49% AAVE 97.38 ▲ 1.89% SELIC 14.25% EMBRAER 84.34 ▲ 2.04% EMBRAER ADR 66.60 ▲ 1.73% JBS 12.26 ▲ 2.55% JBS BDR 61.77 ▲ 2.57% MBRF3 15.46 ▲ 2.32% MBRFY 3.00 ▲ 1.69% INTER 5.53 ▼ 0.90% EGX 53,932 ▼ 0.11% USD/ZAR 16.42 ▼ 0.23% USD/NGN 1,370 ▼ 0.45% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.07 ▼ 0.05% USD/CNY 6.7609 ▲ 0.06% DAX 25,151 ▲ 0.56% CAC 8,444 ▲ 0.96% FTSE 10,726 ▲ 1.32% MIB 52,811 ▲ 1.01% IBEX 19,601 ▲ 1.14% STOXX 647.36 ▲ 0.65% EUR/USD 1.1417 ▲ 0.11% GBP/USD 1.3386 ▲ 0.05% SPX 7,512 ▲ 0.03% DJI 52,429 ▲ 0.39% NDX 29,108 ▼ 0.16% RUT 2,980 ▼ 0.26% TSX 35,706 ▲ 0.95% VIX 17.16 ▲ 0.65% USD/CAD 1.4090 ▼ 0.11% US10Y 4.6420 ▲ 0.30%
since 2009
Wednesday, July 22, 2026

Brazil Politics and Society

Brazil and China Open Fifth Strategic Dialogue in Beijing

By · June 1, 2026 · 4 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

BRAZIL · DIPLOMACY

Key Facts

The meeting: Brazilian Foreign Minister Mauro Vieira opened the fifth Brazil-China Global Strategic Dialogue in Beijing, running Monday and Tuesday, June 1 and 2.

The counterparts: Vieira is scheduled to meet Chinese Vice-President Han Zheng and Commerce Minister Wang Wentao.

The mechanism: The dialogue is a standing channel for the two countries to exchange their global, regional and bilateral agendas.

The trade: China is Brazil’s largest trading partner, with bilateral flows of $170.9 billion and a Brazilian surplus exceeding $29 billion, driven by farm exports.

The soft power: Vieira will also visit the National Museum of China, host of the Brazil-China Cultural Year celebrations.

Brazil and China Open Fifth Strategic Dialogue in Beijing. (Photo Internet reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
This story and the bigger picture.
Open the full Ask Rio Times →

Brazil and China open their fifth Strategic Dialogue in Beijing this week, with Foreign Minister Mauro Vieira set to meet Vice-President Han Zheng and Commerce Minister Wang Wentao. The two-day session of the Global Strategic Dialogue underscores a partnership built on $170.9 billion in annual trade, with Brazil running a surplus of more than $29 billion on the strength of its agricultural exports.

What the fifth Strategic Dialogue covers

The Global Strategic Dialogue, the formal name of the mechanism, is a standing high-level channel that lets Brazil and China exchange views across global, regional and bilateral agendas. This fifth round takes place over Monday and Tuesday in the Chinese capital.

Vieira’s schedule centres on economic and commercial cooperation, the core of a relationship that Brazilian diplomacy has made one of its central pillars in recent decades. His meetings with Vice-President Han Zheng and Commerce Minister Wang Wentao place trade at the heart of the talks.

The trade ties behind the Strategic Dialogue

China has been Brazil’s largest trading partner since 2009, and the bilateral trade flow has reached $170.9 billion, according to the Brazilian foreign ministry. The balance favours Brazil by more than $29 billion, powered chiefly by exports of agricultural and livestock products.

That surplus makes the relationship unusually valuable to Brasília at a moment of global trade tension, and both sides have signalled an interest in not only expanding commerce but broadening cooperation into other areas.

Pragmatism amid global uncertainty

The visit comes against a complex international backdrop marked by geopolitical tension and global trade disputes, which places Brazil in a posture of caution and pragmatism. The talks aim to ensure that the relationship with Beijing remains a motor of development for the Brazilian economy even amid external uncertainty.

For Brazil, the dialogue also fits a wider strategy of diversifying markets, hedging against volatility in any single trading relationship by deepening ties with its largest partner while keeping options open elsewhere.

The cultural dimension

Beyond the political agenda, Vieira will devote part of his itinerary to cultural diplomacy. He is set to visit the National Museum of China, which is hosting the celebrations of the Brazil-China Cultural Year, an initiative meant to reinforce people-to-people ties that extend beyond commerce.

The cultural programme signals that the partnership is being framed not solely in transactional terms but as an exchange of worldviews and experiences, a soft-power layer atop the trade relationship.

Why it matters for the region

As the largest economy in Latin America and China‘s principal partner in the region, Brazil’s engagement with Beijing carries weight beyond its borders. The exchange of agendas can influence trade policy and investment patterns across South America.

The outcome of this round of talks could help set the direction of Brazil-China relations at a time when both countries are positioning themselves in an increasingly contested global economy.

Frequently Asked Questions

What is the Brazil-China Strategic Dialogue?

A standing high-level mechanism for the two countries to exchange views on global, regional and bilateral matters. This is its fifth round.

Who is taking part?

Brazilian Foreign Minister Mauro Vieira, meeting Chinese Vice-President Han Zheng and Commerce Minister Wang Wentao, in Beijing on June 1 and 2.

How large is Brazil-China trade?

Bilateral flows reach $170.9 billion, with a Brazilian surplus above $29 billion driven by agricultural exports. China has been Brazil’s top partner since 2009.

Is there a cultural element?

Yes. Vieira will visit the National Museum of China, which hosts the Brazil-China Cultural Year celebrations.

Connected Coverage

For the economic backdrop, see our coverage of Brazil’s projected return to the world’s top 10 economies.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.