IBOV 175,831 ▼ 1.14% IPSA 10,967 ▼ 0.81% IPC MEX 66,074 ▼ 0.64% MERVAL 3,255,000 ▼ 0.77% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,917.82 ▼ 0.34% USD/BRL5.13▲ 0.43% USD/MXN17.52▲ 0.27% USD/CLP931.08▲ 0.67% USD/COP3,242▼ 0.11% USD/PEN3.41▲ 0.41% USD/ARS1,482▼ 0.37% USD/UYU 40.22 — 0.00% USD/PYG6,045▼ 0.17% USD/BOB10.35▲ 2.07% USD/DOP58.30▼ 0.31% USD/CRC448.53▼ 0.06% USD/GTQ7.62▼ 0.10% USD/HNL26.73▲ 0.04% USD/NIO 36.62 — 0.00% USD/VES719.54▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▼ 0.70% USD/TTD6.74▼ 0.12% EUR/BRL5.84▲ 0.37% BRENT 82.23 ▲ 8.18% WTI 77.27 ▲ 8.21% IRON ORE 161.91 — — COPPER 6.28 ▲ 0.67% GOLD 4,002 ▼ 2.48% SILVER 57.71 ▼ 3.51% SOY 1,198 ▲ 0.15% CORN 464.75 ▲ 6.11% WHEAT 636.25 ▲ 0.67% COFFEE 330.50 ▼ 3.64% SUGAR 14.76 ▼ 0.81% ORANGE JUICE 137.40 ▼ 7.07% COTTON 81.49 ▲ 1.96% COCOA 5,808 ▼ 1.88% BEEF 235.05 ▼ 0.06% CATTLE 354.95 ▲ 0.10% LITHIUM 70.23 ▼ 2.89% PETR4 40.83 ▲ 2.98% VALE3 72.66 ▼ 2.05% ITUB4 43.65 ▼ 1.47% BBDC4 18.76 ▼ 0.53% ABEV3 15.82 — 0.00% BBAS3 20.23 ▼ 1.70% B3SA3 14.99 ▼ 2.79% WEGE3 44.50 ▼ 4.32% PRIO3 56.75 ▲ 2.34% SUZB3 41.35 ▼ 0.48% RENT3 40.28 ▼ 2.00% AZZA3 19.14 ▲ 0.21% CSAN3 3.91 ▼ 3.93% RAIZ4 0.33 ▼ 5.71% PCAR3 2.62 ▼ 4.03% GMAT3 3.96 ▼ 0.25% PSSA3 53.91 ▼ 1.93% CVCB3 1.25 — 0.00% POSI3 3.91 ▼ 1.51% SLCE3 14.01 ▼ 0.07% NATU3 8.72 ▲ 0.46% BRKM5 6.63 — 0.00% RANI3 7.95 ▼ 0.75% CSNA3 5.23 ▲ 0.97% CMIN3 5.54 ▲ 5.93% USIM5 8.36 ▼ 1.07% GGBR4 22.93 ▼ 0.35% ENEV3 26.90 ▼ 2.36% CPFE3 47.00 ▼ 1.82% CMIG4 11.09 ▼ 2.55% EQTL3 40.11 ▼ 1.96% LREN3 14.33 ▼ 1.98% VIVT3 35.08 ▼ 1.87% RAIL3 14.05 ▼ 2.16% KLABIN 17.49 ▼ 0.29% RAIA DROGASIL 18.27 ▼ 2.66% RDOR3 35.44 ▼ 1.61% HAPV3 10.40 ▼ 1.89% FLRY3 16.21 ▼ 1.28% SMTO3 16.64 ▲ 1.65% UGPA3 30.96 ▲ 0.81% VBBR3 33.19 ▲ 0.58% BBSE3 40.24 ▼ 0.27% BPAC11 57.56 ▼ 1.99% CURY3 33.39 ▼ 2.40% AERI3 2.07 ▼ 0.96% VIVARA 23.25 ▼ 1.19% COMPASS 24.81 ▼ 2.71% VAMOS 3.02 ▼ 1.31% SANB11 27.20 ▼ 1.52% ASAI3 8.67 ▼ 2.25% SBSP3 30.32 ▼ 2.54% WALMEX 49.72 ▲ 0.81% GMEXICO 195.49 ▼ 1.88% FEMSA 225.79 ▲ 1.11% CEMEX 21.63 ▼ 1.05% GFNORTE 182.92 ▼ 1.97% BIMBO 56.05 ▼ 0.09% TELEVISA 9.73 — 0.00% AMX 22.96 ▲ 1.15% GAP 409.62 ▼ 0.69% ASUR 280.12 ▼ 1.75% OMA 233.87 ▼ 1.10% KOF 180.80 ▲ 0.36% GRUMA 282.98 ▼ 0.20% KIMBER 38.21 ▲ 0.37% SQM-B 67,194 ▼ 0.82% COPEC 6,080 ▼ 0.96% BSANTANDER 77.56 ▼ 1.82% FALABELLA 5,950 ▲ 0.76% ENELAM 85.00 ▼ 0.47% CENCOSUD 2,040 ▼ 0.25% CMPC 1,091 ▼ 1.62% BANCO CHILE 184.41 ▼ 2.37% LATAM AIR 25.48 ▼ 2.97% YPF 77,000 ▲ 3.49% GGAL 8,145 ▼ 2.28% PAMPA 5,255 ▲ 1.45% TXAR 668.50 ▼ 0.37% ALUAR 977.00 ▲ 0.15% TGS 9,630 ▲ 0.36% CEPU 2,352 ▼ 1.84% MIRGOR 17,075 ▼ 1.01% COME 44.70 ▼ 2.64% LOMA NEGRA 3,520 ▼ 1.74% BYMA 308.00 ▼ 1.91% TELECOM ARG 4,230 ▼ 0.35% ECOPETROL 15.86 ▲ 1.80% BANCOLOMBIA 81.48 ▼ 1.78% GRUPO AVAL 4.98 ▼ 1.81% CREDICORP 390.57 ▼ 2.56% SOUTHERN COPPER 174.51 ▼ 0.75% BUENAVENTURA 29.77 ▼ 0.77% MERCADOLIBRE 1,872 ▲ 1.07% NUBANK 13.78 ▲ 0.11% XP 16.41 ▼ 3.01% PAGSEGURO 9.35 ▲ 1.08% STONE 11.19 ▼ 0.18% GLOBANT 32.28 ▲ 7.74% TECNOGLASS 42.39 ▼ 3.44% GAP AIRPORT 233.51 ▼ 0.90% ASUR 280.12 ▼ 1.75% OMA AIRPORT 106.59 ▼ 1.34% AMX ADR 26.16 ▲ 0.58% FEMSA ADR 128.98 ▲ 1.03% CEMEX ADR 12.35 ▼ 1.04% PETROBRAS ADR 17.86 ▲ 3.09% VALE ADR 14.13 ▼ 2.32% ITAU ADR 8.50 ▼ 1.38% SANTANDER BR 5.34 ▼ 1.02% AMBEV ADR 3.07 ▼ 0.16% CSN 1.02 ▲ 0.99% GERDAU 4.48 ▼ 0.56% LATAM ADR 54.64 ▼ 3.22% BTC 61,897 ▼ 2.92% ETH 1,755 ▼ 2.80% SOL 74.71 ▼ 2.81% XRP 1.06 ▼ 2.38% BNB 562.44 ▼ 2.01% ADA 0.16 ▼ 3.12% DOGE 0.07 ▼ 2.21% AVAX 6.44 ▲ 0.59% LINK 7.83 ▼ 2.05% DOT 0.83 ▼ 1.80% LTC 43.00 ▼ 2.21% BCH 235.64 ▼ 1.80% TRX 0.33 ▼ 1.81% XLM 0.18 ▼ 2.67% HBAR 0.07 ▼ 1.97% NEAR 1.93 ▲ 2.08% ATOM 1.53 ▼ 2.11% AAVE 94.20 ▼ 2.95% SELIC 14.25% EMBRAER 82.49 ▼ 2.49% EMBRAER ADR 64.32 ▼ 2.56% JBS 11.81 ▼ 0.88% JBS BDR 60.50 ▼ 0.46% MBRF3 15.93 ▲ 2.44% MBRFY 3.06 ▲ 1.32% INTER 5.65 ▼ 3.01% IBOV 175,831 ▼ 1.14% IPSA 10,967 ▼ 0.81% IPC MEX 66,074 ▼ 0.64% MERVAL 3,255,000 ▼ 0.77% COLCAP 2,307.67 ▲ 0.65% BVL PERÚ 56,917.82 ▼ 0.34% USD/BRL 5.13 ▲ 0.44% USD/MXN 17.53 ▲ 0.31% USD/CLP 931.55 ▲ 0.72% USD/COP 3,242 ▼ 0.11% USD/PEN 3.41 ▲ 0.41% USD/ARS 1,482 ▼ 0.37% USD/UYU 40.22 — 0.00% USD/PYG 6,045 ▼ 0.17% USD/BOB 10.35 ▲ 2.07% USD/DOP 58.30 ▼ 0.31% USD/CRC 448.53 ▼ 0.06% USD/GTQ 7.62 ▼ 0.10% USD/HNL 26.73 ▲ 0.04% USD/NIO 36.62 — 0.00% USD/VES 719.54 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▼ 0.30% USD/TTD 6.74 ▲ 1.31% EUR/BRL 5.84 ▲ 0.37% BRENT 82.23 ▲ 8.18% WTI 77.27 ▲ 8.21% IRON ORE 161.91 — — COPPER 6.28 ▲ 0.67% GOLD 4,002 ▼ 2.48% SILVER 57.71 ▼ 3.51% SOY 1,198 ▲ 0.15% CORN 464.75 ▲ 6.11% WHEAT 636.25 ▲ 0.67% COFFEE 330.50 ▼ 3.64% SUGAR 14.76 ▼ 0.81% ORANGE JUICE 137.40 ▼ 7.07% COTTON 81.49 ▲ 1.96% COCOA 5,808 ▼ 1.88% BEEF 235.05 ▼ 0.06% CATTLE 354.95 ▲ 0.10% LITHIUM 70.23 ▼ 2.89% PETR4 40.83 ▲ 2.98% VALE3 72.66 ▼ 2.05% ITUB4 43.65 ▼ 1.47% BBDC4 18.76 ▼ 0.53% ABEV3 15.82 — 0.00% BBAS3 20.23 ▼ 1.70% B3SA3 14.99 ▼ 2.79% WEGE3 44.50 ▼ 4.32% PRIO3 56.75 ▲ 2.34% SUZB3 41.35 ▼ 0.48% RENT3 40.28 ▼ 2.00% AZZA3 19.14 ▲ 0.21% CSAN3 3.91 ▼ 3.93% RAIZ4 0.33 ▼ 5.71% PCAR3 2.62 ▼ 4.03% GMAT3 3.96 ▼ 0.25% PSSA3 53.91 ▼ 1.93% CVCB3 1.25 — 0.00% POSI3 3.91 ▼ 1.51% SLCE3 14.01 ▼ 0.07% NATU3 8.72 ▲ 0.46% BRKM5 6.63 — 0.00% RANI3 7.95 ▼ 0.75% CSNA3 5.23 ▲ 0.97% CMIN3 5.54 ▲ 5.93% USIM5 8.36 ▼ 1.07% GGBR4 22.93 ▼ 0.35% ENEV3 26.90 ▼ 2.36% CPFE3 47.00 ▼ 1.82% CMIG4 11.09 ▼ 2.55% EQTL3 40.11 ▼ 1.96% LREN3 14.33 ▼ 1.98% VIVT3 35.08 ▼ 1.87% RAIL3 14.05 ▼ 2.16% KLABIN 17.49 ▼ 0.29% RAIA DROGASIL 18.27 ▼ 2.66% RDOR3 35.44 ▼ 1.61% HAPV3 10.40 ▼ 1.89% FLRY3 16.21 ▼ 1.28% SMTO3 16.64 ▲ 1.65% UGPA3 30.96 ▲ 0.81% VBBR3 33.19 ▲ 0.58% BBSE3 40.24 ▼ 0.27% BPAC11 57.56 ▼ 1.99% CURY3 33.39 ▼ 2.40% AERI3 2.07 ▼ 0.96% VIVARA 23.25 ▼ 1.19% COMPASS 24.81 ▼ 2.71% VAMOS 3.02 ▼ 1.31% SANB11 27.20 ▼ 1.52% ASAI3 8.67 ▼ 2.25% SBSP3 30.32 ▼ 2.54% WALMEX 49.72 ▲ 0.81% GMEXICO 195.49 ▼ 1.88% FEMSA 225.79 ▲ 1.11% CEMEX 21.63 ▼ 1.05% GFNORTE 182.92 ▼ 1.97% BIMBO 56.05 ▼ 0.09% TELEVISA 9.73 — 0.00% AMX 22.96 ▲ 1.15% GAP 409.62 ▼ 0.69% ASUR 280.12 ▼ 1.75% OMA 233.87 ▼ 1.10% KOF 180.80 ▲ 0.36% GRUMA 282.98 ▼ 0.20% KIMBER 38.21 ▲ 0.37% SQM-B 67,194 ▼ 0.82% COPEC 6,080 ▼ 0.96% BSANTANDER 77.56 ▼ 1.82% FALABELLA 5,950 ▲ 0.76% ENELAM 85.00 ▼ 0.47% CENCOSUD 2,040 ▼ 0.25% CMPC 1,091 ▼ 1.62% BANCO CHILE 184.41 ▼ 2.37% LATAM AIR 25.48 ▼ 2.97% YPF 77,000 ▲ 3.49% GGAL 8,145 ▼ 2.28% PAMPA 5,255 ▲ 1.45% TXAR 668.50 ▼ 0.37% ALUAR 977.00 ▲ 0.15% TGS 9,630 ▲ 0.36% CEPU 2,352 ▼ 1.84% MIRGOR 17,075 ▼ 1.01% COME 44.70 ▼ 2.64% LOMA NEGRA 3,520 ▼ 1.74% BYMA 308.00 ▼ 1.91% TELECOM ARG 4,230 ▼ 0.35% ECOPETROL 15.86 ▲ 1.80% BANCOLOMBIA 81.48 ▼ 1.78% GRUPO AVAL 4.98 ▼ 1.81% CREDICORP 390.57 ▼ 2.56% SOUTHERN COPPER 174.51 ▼ 0.75% BUENAVENTURA 29.77 ▼ 0.77% MERCADOLIBRE 1,872 ▲ 1.07% NUBANK 13.78 ▲ 0.11% XP 16.41 ▼ 3.01% PAGSEGURO 9.35 ▲ 1.08% STONE 11.19 ▼ 0.18% GLOBANT 32.28 ▲ 7.74% TECNOGLASS 42.39 ▼ 3.44% GAP AIRPORT 233.51 ▼ 0.90% ASUR 280.12 ▼ 1.75% OMA AIRPORT 106.59 ▼ 1.34% AMX ADR 26.16 ▲ 0.58% FEMSA ADR 128.98 ▲ 1.03% CEMEX ADR 12.35 ▼ 1.04% PETROBRAS ADR 17.86 ▲ 3.09% VALE ADR 14.13 ▼ 2.32% ITAU ADR 8.50 ▼ 1.38% SANTANDER BR 5.34 ▼ 1.02% AMBEV ADR 3.07 ▼ 0.16% CSN 1.02 ▲ 0.99% GERDAU 4.48 ▼ 0.56% LATAM ADR 54.64 ▼ 3.22% BTC 61,897 ▼ 2.92% ETH 1,755 ▼ 2.80% SOL 74.71 ▼ 2.81% XRP 1.06 ▼ 2.38% BNB 562.44 ▼ 2.01% ADA 0.16 ▼ 3.12% DOGE 0.07 ▼ 2.21% AVAX 6.44 ▲ 0.59% LINK 7.83 ▼ 2.05% DOT 0.83 ▼ 1.80% LTC 43.00 ▼ 2.21% BCH 235.64 ▼ 1.80% TRX 0.33 ▼ 1.81% XLM 0.18 ▼ 2.67% HBAR 0.07 ▼ 1.97% NEAR 1.93 ▲ 2.08% ATOM 1.53 ▼ 2.11% AAVE 94.20 ▼ 2.95% SELIC 14.25% EMBRAER 82.49 ▼ 2.49% EMBRAER ADR 64.32 ▼ 2.56% JBS 11.81 ▼ 0.88% JBS BDR 60.50 ▼ 0.46% MBRF3 15.93 ▲ 2.44% MBRFY 3.06 ▲ 1.32% INTER 5.65 ▼ 3.01%
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Monday, July 13, 2026

World China

How China has become the new mediator in global geopolitics

By · May 9, 2023 · 4 min read

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By Fábio Galão

Assuming a role that used to belong to the United States, China has increasingly sought to exert influence in global geopolitics by mediating agreements to end hostilities between other countries.

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The greatest Chinese triumph so far was the announcement, made in March, of the reestablishment of diplomatic relations between Iran and Saudi Arabia with Beijing’s mediation, after seven years of broken ties between the two countries.

But China does not want to stop there.

Xi Jinping mediated the reestablishment of relations between Iran and Saudi Arabia and is engaged in peace negotiations in Ukraine, Israel, and Yemen (Photo internet reproduction)
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Beijing has suggested a peace plan to end the war between Ukraine and Russia.

Last week, Xi Jinping held talks for the first time since the conflict began with Ukrainian President Volodymyr Zelensky.

Earlier, Western leaders, such as French President Emmanuel Macron, had called for China to use its influence with Russian President Vladimir Putin to bring about a ceasefire in Ukraine.

Another much older conflict has become the target of Beijing’s diplomatic overtures.

China’s Foreign Minister Qin Gang has been in contact with senior Israeli and Palestinian officials to initiate peace negotiations and implement the two-state solution in the region.

In talks with the Israeli and Palestinian foreign ministers, Eli Cohen and Riyad Al-Maliki, respectively, Qin argued that China is “ready to facilitate” these talks.

In Yemen, China’s local chargé d’affaires, Shao Zheng, has been holding meetings with members of the country’s Presidential Leadership Council to negotiate an end to the civil war that began in 2015.

In this case, the mediation of the Iran-Saudi Arabia deal helps Beijing, as the two countries wage a proxy war in Yemen.

The talks on Yemen make it clear that China’s goal is not just to gain soft power by mediating peace negotiations.

In a statement released in April, the Chinese embassy in Yemen pointed out that the embattled country “has enormous development potential waiting to be tapped” and that China hopes it can “play an important role in Yemen’s post-war reconstruction and economic development.”

In other words: it is keeping an eye on the business that can be generated by achieving peace.

HUMAN RIGHTS

Ironically, a country accused of genocide within its borders (against the Uighur Muslim minority in Xinjiang) and that has been threatening to invade a neighboring island (Taiwan) is seeking the role of world peace mediator, but, specifically in the case of the Iran-Saudi Arabia agreement, this bad track record has even helped.

China took advantage of America’s distancing from Tehran (after the Trump administration withdrew from the nuclear deal signed in 2015 by the Obama administration) and Riyadh (after Joe Biden’s criticism over the murder of Saudi journalist Jamal Khashoggi), two regimes that, like Beijing, have a shameful human rights record.

“China is not concerned with holding other governments accountable for human rights agendas.”

“This is even present in the trilateral note [released in March], which talks about respect for sovereignty and ‘non-interference in internal affairs.”

“This can apply to many issues, including the imprisonment of opponents, suppression of protests, and the like.”

“Remember that Iran is the country that executes the most people in the world, and Saudi Arabia ranks third, both countries suffering international pressure for this,” said historian Filipe Figueiredo, a columnist for Gazeta do Povo.

In a recent article for the South Korean newspaper The Korea Herald, Wang Son-taek, director of the Hampyeong Peace Institute’s Global Policy Center, pointed out that the diplomatic decadence of the United States, according to him, which started under George W. Bush (2001-2009), pushes other powers, with different values from the Americans.

“If the [American] strategy for the Indo-Pacific region is not revised, China’s presence and Russia’s provocations will only increase. ”

“The major middle powers in Asia, Africa, and the Americas will move more toward China and Russia.”

“Some developed countries in Europe and Asia will express more dissatisfaction with the leadership of the United States,” he explained.

WITHOUT CREDIBILITY

Whether China will have the breath to continue mediating agreements worldwide remains to be seen – a role for which credibility is a decisive ingredient.

Tuvia Gering, an expert on China-Middle East relations at the Israel Institute for National Security Studies, said in an interview with DW that China saw “an opportunity” in the Iran-Saudi Arabia deal and was “just the right player at the right time.”

However, being seen as a balanced mediator in other conflicts will be more difficult.

After the conversation between Xi and Zelensky last week, NATO recalled that Beijing still does not condemn the Russian invasion of Ukraine.

The partnership between China and Russia (deepened since the beginning of the war) was reaffirmed with Xi visiting the Russian capital in March.

Gering pointed out that Israel views Chinese overtures for negotiations with the Palestinians with the same skepticism that NATO holds toward Beijing’s role in the war in Ukraine.

“China may see itself as a balanced power for all parties, but Israel does not share that sentiment.”

“They see China as a biased and completely cynical player in the region who has no interest whatsoever in resolving this conflict.”

“It’s just China scoring some diplomatic and geopolitical points,” the expert pointed out.

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