IBOV 173,787 ▼ 0.73% IPSA 10,788 ▼ 1.00% IPC MEX 68,588 ▼ 0.40% MERVAL 3,166,407 ▲ 2.49% COLCAP 2,176.90 ▼ 0.26% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.04 ▲ 0.13% USD/MXN 17.33 ▼ 0.18% USD/CLP 888.00 ▼ 0.41% USD/COP 3,687 ▲ 0.22% USD/PEN 3.40 ▼ 0.04% USD/ARS 1,409 ▼ 0.04% USD/UYU 40.13 ▲ 1.48% USD/PYG 5,998 ▲ 0.75% USD/BOB 6.86 ▲ 1.86% USD/DOP 58.15 ▲ 0.16% USD/CRC 451.23 ▲ 2.15% USD/GTQ 7.62 ▲ 2.31% USD/HNL 26.63 ▲ 0.46% USD/NIO 36.62 — 0.00% USD/VES 553.04 ▼ 0.13% USD/PAB 1.00 ▲ 2.24% USD/BZD 2.00 ▲ 1.68% USD/JMD 156.42 ▲ 0.82% USD/TTD 6.75 ▲ 1.47% EUR/BRL 5.87 ▼ 0.04% BRENT 94.35 ▲ 2.50% WTI 91.12 ▲ 4.30% IRON ORE 161.91 — — COPPER 6.53 ▲ 2.68% GOLD 4,529 ▼ 0.69% SILVER 76.25 ▲ 0.84% SOY 1,192 ▲ 0.46% CORN 446.50 ▼ 0.06% WHEAT 615.50 ▲ 0.82% COFFEE 265.90 ▼ 3.04% SUGAR 14.33 ▲ 1.92% ORANGE JUICE 158.80 ▼ 5.84% COTTON 77.04 ▲ 1.17% COCOA 3,901 ▼ 4.83% BEEF 239.05 ▼ 4.28% CATTLE 348.43 ▼ 1.30% LITHIUM 87.15 ▼ 0.40% PETR4 42.00 ▼ 1.20% VALE3 82.82 ▼ 1.36% ITUB4 40.04 ▲ 0.10% BBDC4 17.70 ▼ 1.12% ABEV3 16.32 ▲ 0.18% BBAS3 20.30 ▼ 1.41% B3SA3 16.50 — 0.00% WEGE3 44.10 ▲ 0.87% PRIO3 62.25 ▼ 1.14% SUZB3 41.91 ▲ 0.53% RENT3 42.02 ▼ 1.87% AZZA3 19.31 ▼ 2.72% CSAN3 3.80 ▼ 3.55% RAIZ4 0.36 ▲ 5.88% PCAR3 1.86 ▼ 5.10% GMAT3 4.27 ▲ 3.14% PSSA3 48.31 ▲ 0.06% CVCB3 1.50 ▼ 6.25% POSI3 4.07 ▼ 1.69% SLCE3 15.50 ▼ 2.52% NATU3 9.95 ▼ 1.49% BRKM5 10.46 ▼ 6.02% RANI3 8.02 ▲ 1.01% CSNA3 6.71 ▼ 1.32% CMIN3 4.66 ▼ 0.85% USIM5 11.08 ▲ 4.04% GGBR4 22.77 ▼ 3.11% ENEV3 25.63 ▲ 2.52% NEOE3 33.80 — 0.00% CPFE3 43.39 ▲ 0.84% CMIG4 10.76 ▼ 2.62% EQTL3 38.55 ▲ 0.92% LREN3 14.90 ▼ 0.67% VIVT3 33.82 ▲ 0.65% RAIL3 13.72 ▼ 0.94% KLABIN 16.67 — 0.00% RAIA DROGASIL 18.69 ▼ 1.37% RDOR3 34.02 ▼ 1.31% HAPV3 12.15 ▼ 2.64% FLRY3 15.39 ▼ 2.22% SMTO3 16.98 ▼ 1.05% UGPA3 25.87 ▼ 3.86% VBBR3 29.75 ▼ 3.75% BBSE3 35.40 ▲ 2.37% BPAC11 53.75 ▼ 1.01% CURY3 31.73 ▼ 1.40% AERI3 2.29 ▼ 1.29% VIVARA 21.84 ▼ 1.40% COMPASS 26.77 ▼ 0.82% VAMOS 3.06 ▼ 4.08% SANB11 27.16 ▼ 0.22% ASAI3 8.75 ▼ 2.56% SBSP3 27.95 ▼ 0.75% WALMEX 52.48 ▲ 0.04% GMEXICO 214.29 ▲ 0.39% FEMSA 206.62 ▼ 1.53% CEMEX 22.77 ▲ 0.26% GFNORTE 180.63 ▼ 2.44% BIMBO 59.69 ▲ 1.50% TELEVISA 9.33 ▼ 3.72% AMX 22.08 ▼ 1.43% GAP 407.34 ▼ 1.53% ASUR 296.27 ▼ 1.45% OMA 217.77 ▼ 0.33% KOF 187.08 ▲ 0.74% GRUMA 291.39 ▼ 0.73% KIMBER 38.40 ▲ 0.39% SQM-B 76,200 ▲ 1.10% COPEC 6,323 ▼ 3.61% BSANTANDER 70.00 ▼ 1.96% FALABELLA 5,700 ▼ 2.98% ENELAM 78.00 ▼ 1.25% CENCOSUD 2,099 ▼ 3.72% CMPC 1,066 ▼ 4.82% BANCO CHILE 167.66 ▼ 2.81% LATAM AIR 24.10 ▲ 1.43% YPF 78,350 ▲ 1.65% GGAL 7,495 ▲ 3.59% PAMPA 5,095 ▲ 2.16% TXAR 692.50 ▲ 3.28% ALUAR 1,019 ▲ 1.39% TGS 9,135 ▲ 0.05% CEPU 2,356 ▲ 4.43% MIRGOR 16,950 ▲ 1.04% COME 49.36 ▲ 4.82% LOMA NEGRA 3,593 ▲ 2.50% BYMA 296.75 ▲ 1.37% TELECOM ARG 4,328 ▲ 5.55% ECOPETROL 14.62 ▼ 1.02% BANCOLOMBIA 68.59 ▼ 0.87% GRUPO AVAL 4.61 ▼ 1.71% CREDICORP 342.63 ▲ 0.33% SOUTHERN COPPER 191.30 ▼ 1.84% BUENAVENTURA 36.89 ▲ 5.37% MERCADOLIBRE 1,696 ▲ 0.01% NUBANK 13.13 ▲ 0.61% XP 16.67 ▼ 1.71% PAGSEGURO 9.35 ▲ 0.21% STONE 11.45 ▲ 1.06% GLOBANT 40.43 ▲ 1.25% TECNOGLASS 43.09 ▼ 2.53% GAP AIRPORT 236.30 ▼ 0.76% ASUR 296.27 ▼ 1.45% OMA AIRPORT 100.32 ▼ 0.40% AMX ADR 25.40 ▼ 1.53% FEMSA ADR 119.03 ▼ 1.51% CEMEX ADR 13.10 ▲ 0.27% PETROBRAS ADR 18.77 ▼ 0.32% VALE ADR 16.25 ▼ 1.81% ITAU ADR 7.88 — 0.00% SANTANDER BR 5.45 — 0.00% AMBEV ADR 3.21 ▲ 0.31% CSN 1.35 ▼ 1.10% GERDAU 4.50 ▼ 3.23% LATAM ADR 53.68 ▲ 1.04% BTC 72,900 ▼ 0.92% ETH 1,985 ▼ 0.96% SOL 81.11 ▼ 1.44% XRP 1.31 ▼ 1.94% BNB 704.66 ▼ 0.55% ADA 0.23 ▼ 1.61% DOGE 0.10 ▼ 0.32% AVAX 8.84 ▼ 1.34% LINK 9.00 ▼ 1.34% DOT 1.17 ▼ 1.63% LTC 51.15 ▼ 1.64% BCH 288.24 ▼ 4.68% TRX 0.35 ▲ 0.20% XLM 0.25 ▼ 2.18% HBAR 0.09 ▼ 1.76% NEAR 2.30 ▼ 1.19% ATOM 1.94 ▼ 0.72% AAVE 81.17 ▼ 1.07% SELIC 14.50% EMBRAER 73.38 ▼ 0.30% EMBRAER ADR 57.75 ▼ 1.11% JBS 12.47 ▼ 3.63% JBS BDR 61.00 ▼ 6.20% MBRF3 16.01 ▼ 1.72% MBRFY 3.08 ▼ 4.64% INTER 6.17 ▼ 2.68% EGX 52,642 ▼ 0.03% USD/ZAR 16.23 ▲ 0.08% USD/NGN 1,370 — 0.00% NIKKEI 66,934 ▲ 0.91% CSI300 4,844 ▼ 0.98% HSI 25,398 ▲ 0.86% NIFTY 23,370 ▼ 0.76% KOSPI 8,788 ▲ 3.68% JCI 6,127 ▼ 0.05% USD/JPY 159.46 ▲ 0.13% USD/CNY 6.7642 ▼ 0.02% DAX 25,196 ▲ 0.36% CAC 8,205 ▲ 0.26% FTSE 10,393 ▼ 0.16% MIB 50,107 ▲ 0.14% IBEX 18,363 — 0.00% STOXX 625.52 ▼ 0.08% EUR/USD 1.1652 ▼ 0.06% GBP/USD 1.3463 ▲ 0.04% SPX 7,580 ▲ 0.22% DJI 51,032 ▲ 0.72% NDX 30,333 ▲ 0.36% RUT 2,919 ▼ 0.59% TSX 34,769 ▲ 0.73% VIX 15.87 ▲ 3.59% USD/CAD 1.3821 ▲ 0.20% US10Y 4.4530 ▼ 0.04% IBOV 173,787 ▼ 0.73% IPSA 10,788 ▼ 1.00% IPC MEX 68,588 ▼ 0.40% MERVAL 3,166,407 ▲ 2.49% COLCAP 2,176.90 ▼ 0.26% BVL PERÚ 34,836.62 ▲ 0.71% USD/BRL 5.04 ▲ 0.13% USD/MXN 17.33 ▼ 0.18% USD/CLP 888.00 ▼ 0.41% USD/COP 3,687 ▲ 0.22% USD/PEN 3.40 ▼ 0.04% USD/ARS 1,409 ▼ 0.04% USD/UYU 40.13 ▲ 1.48% USD/PYG 5,998 ▲ 0.75% USD/BOB 6.86 ▲ 1.86% USD/DOP 58.15 ▲ 0.16% USD/CRC 451.23 ▲ 2.15% USD/GTQ 7.62 ▲ 2.31% USD/HNL 26.63 ▲ 0.46% USD/NIO 36.62 — 0.00% USD/VES 553.04 ▼ 0.13% USD/PAB 1.00 ▲ 2.24% USD/BZD 2.00 ▲ 1.68% USD/JMD 156.42 ▲ 0.82% USD/TTD 6.75 ▲ 1.47% EUR/BRL 5.87 ▼ 0.04% BRENT 94.35 ▲ 2.50% WTI 91.12 ▲ 4.30% IRON ORE 161.91 — — COPPER 6.53 ▲ 2.68% GOLD 4,529 ▼ 0.69% SILVER 76.25 ▲ 0.84% SOY 1,192 ▲ 0.46% CORN 446.50 ▼ 0.06% WHEAT 615.50 ▲ 0.82% COFFEE 265.90 ▼ 3.04% SUGAR 14.33 ▲ 1.92% ORANGE JUICE 158.80 ▼ 5.84% COTTON 77.04 ▲ 1.17% COCOA 3,901 ▼ 4.83% BEEF 239.05 ▼ 4.28% CATTLE 348.43 ▼ 1.30% LITHIUM 87.15 ▼ 0.40% PETR4 42.00 ▼ 1.20% VALE3 82.82 ▼ 1.36% ITUB4 40.04 ▲ 0.10% BBDC4 17.70 ▼ 1.12% ABEV3 16.32 ▲ 0.18% BBAS3 20.30 ▼ 1.41% B3SA3 16.50 — 0.00% WEGE3 44.10 ▲ 0.87% PRIO3 62.25 ▼ 1.14% SUZB3 41.91 ▲ 0.53% RENT3 42.02 ▼ 1.87% AZZA3 19.31 ▼ 2.72% CSAN3 3.80 ▼ 3.55% RAIZ4 0.36 ▲ 5.88% PCAR3 1.86 ▼ 5.10% GMAT3 4.27 ▲ 3.14% PSSA3 48.31 ▲ 0.06% CVCB3 1.50 ▼ 6.25% POSI3 4.07 ▼ 1.69% SLCE3 15.50 ▼ 2.52% NATU3 9.95 ▼ 1.49% BRKM5 10.46 ▼ 6.02% RANI3 8.02 ▲ 1.01% CSNA3 6.71 ▼ 1.32% CMIN3 4.66 ▼ 0.85% USIM5 11.08 ▲ 4.04% GGBR4 22.77 ▼ 3.11% ENEV3 25.63 ▲ 2.52% NEOE3 33.80 — 0.00% CPFE3 43.39 ▲ 0.84% CMIG4 10.76 ▼ 2.62% EQTL3 38.55 ▲ 0.92% LREN3 14.90 ▼ 0.67% VIVT3 33.82 ▲ 0.65% RAIL3 13.72 ▼ 0.94% KLABIN 16.67 — 0.00% RAIA DROGASIL 18.69 ▼ 1.37% RDOR3 34.02 ▼ 1.31% HAPV3 12.15 ▼ 2.64% FLRY3 15.39 ▼ 2.22% SMTO3 16.98 ▼ 1.05% UGPA3 25.87 ▼ 3.86% VBBR3 29.75 ▼ 3.75% BBSE3 35.40 ▲ 2.37% BPAC11 53.75 ▼ 1.01% CURY3 31.73 ▼ 1.40% AERI3 2.29 ▼ 1.29% VIVARA 21.84 ▼ 1.40% COMPASS 26.77 ▼ 0.82% VAMOS 3.06 ▼ 4.08% SANB11 27.16 ▼ 0.22% ASAI3 8.75 ▼ 2.56% SBSP3 27.95 ▼ 0.75% WALMEX 52.48 ▲ 0.04% GMEXICO 214.29 ▲ 0.39% FEMSA 206.62 ▼ 1.53% CEMEX 22.77 ▲ 0.26% GFNORTE 180.63 ▼ 2.44% BIMBO 59.69 ▲ 1.50% TELEVISA 9.33 ▼ 3.72% AMX 22.08 ▼ 1.43% GAP 407.34 ▼ 1.53% ASUR 296.27 ▼ 1.45% OMA 217.77 ▼ 0.33% KOF 187.08 ▲ 0.74% GRUMA 291.39 ▼ 0.73% KIMBER 38.40 ▲ 0.39% SQM-B 76,200 ▲ 1.10% COPEC 6,323 ▼ 3.61% BSANTANDER 70.00 ▼ 1.96% FALABELLA 5,700 ▼ 2.98% ENELAM 78.00 ▼ 1.25% CENCOSUD 2,099 ▼ 3.72% CMPC 1,066 ▼ 4.82% BANCO CHILE 167.66 ▼ 2.81% LATAM AIR 24.10 ▲ 1.43% YPF 78,350 ▲ 1.65% GGAL 7,495 ▲ 3.59% PAMPA 5,095 ▲ 2.16% TXAR 692.50 ▲ 3.28% ALUAR 1,019 ▲ 1.39% TGS 9,135 ▲ 0.05% CEPU 2,356 ▲ 4.43% MIRGOR 16,950 ▲ 1.04% COME 49.36 ▲ 4.82% LOMA NEGRA 3,593 ▲ 2.50% BYMA 296.75 ▲ 1.37% TELECOM ARG 4,328 ▲ 5.55% ECOPETROL 14.62 ▼ 1.02% BANCOLOMBIA 68.59 ▼ 0.87% GRUPO AVAL 4.61 ▼ 1.71% CREDICORP 342.63 ▲ 0.33% SOUTHERN COPPER 191.30 ▼ 1.84% BUENAVENTURA 36.89 ▲ 5.37% MERCADOLIBRE 1,696 ▲ 0.01% NUBANK 13.13 ▲ 0.61% XP 16.67 ▼ 1.71% PAGSEGURO 9.35 ▲ 0.21% STONE 11.45 ▲ 1.06% GLOBANT 40.43 ▲ 1.25% TECNOGLASS 43.09 ▼ 2.53% GAP AIRPORT 236.30 ▼ 0.76% ASUR 296.27 ▼ 1.45% OMA AIRPORT 100.32 ▼ 0.40% AMX ADR 25.40 ▼ 1.53% FEMSA ADR 119.03 ▼ 1.51% CEMEX ADR 13.10 ▲ 0.27% PETROBRAS ADR 18.77 ▼ 0.32% VALE ADR 16.25 ▼ 1.81% ITAU ADR 7.88 — 0.00% SANTANDER BR 5.45 — 0.00% AMBEV ADR 3.21 ▲ 0.31% CSN 1.35 ▼ 1.10% GERDAU 4.50 ▼ 3.23% LATAM ADR 53.68 ▲ 1.04% BTC 72,900 ▼ 0.92% ETH 1,985 ▼ 0.96% SOL 81.11 ▼ 1.44% XRP 1.31 ▼ 1.94% BNB 704.66 ▼ 0.55% ADA 0.23 ▼ 1.61% DOGE 0.10 ▼ 0.32% AVAX 8.84 ▼ 1.34% LINK 9.00 ▼ 1.34% DOT 1.17 ▼ 1.63% LTC 51.15 ▼ 1.64% BCH 288.24 ▼ 4.68% TRX 0.35 ▲ 0.20% XLM 0.25 ▼ 2.18% HBAR 0.09 ▼ 1.76% NEAR 2.30 ▼ 1.19% ATOM 1.94 ▼ 0.72% AAVE 81.17 ▼ 1.07% SELIC 14.50% EMBRAER 73.38 ▼ 0.30% EMBRAER ADR 57.75 ▼ 1.11% JBS 12.47 ▼ 3.63% JBS BDR 61.00 ▼ 6.20% MBRF3 16.01 ▼ 1.72% MBRFY 3.08 ▼ 4.64% INTER 6.17 ▼ 2.68% EGX 52,642 ▼ 0.03% USD/ZAR 16.23 ▲ 0.08% USD/NGN 1,370 — 0.00% NIKKEI 66,934 ▲ 0.91% CSI300 4,844 ▼ 0.98% HSI 25,398 ▲ 0.86% NIFTY 23,370 ▼ 0.76% KOSPI 8,788 ▲ 3.68% JCI 6,127 ▼ 0.05% USD/JPY 159.46 ▲ 0.13% USD/CNY 6.7642 ▼ 0.02% DAX 25,196 ▲ 0.36% CAC 8,205 ▲ 0.26% FTSE 10,393 ▼ 0.16% MIB 50,107 ▲ 0.14% IBEX 18,363 — 0.00% STOXX 625.52 ▼ 0.08% EUR/USD 1.1652 ▼ 0.06% GBP/USD 1.3463 ▲ 0.04% SPX 7,580 ▲ 0.22% DJI 51,032 ▲ 0.72% NDX 30,333 ▲ 0.36% RUT 2,919 ▼ 0.59% TSX 34,769 ▲ 0.73% VIX 15.87 ▲ 3.59% USD/CAD 1.3821 ▲ 0.20% US10Y 4.4530 ▼ 0.04%
since 2009
Monday, June 1, 2026

Brazil Politics and Society

Brazil and China Open Fifth Strategic Dialogue in Beijing

By · June 1, 2026 · 3 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)

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

Daily Brief

The morning intel from across Latin America. Free.

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

Rotate for Best Experience

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