IBOV 172,470.78 ▲ 0.66% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.56▼ 0.40% USD/MXN18.62▼ 0.05% USD/CLP983.68▼ 0.06% USD/COP3,274— 0.00% USD/PEN3.41▼ 0.03% USD/ARS1,547▲ 0.05% USD/UYU40.52▲ 3.70% USD/PYG6,174▲ 1.84% USD/BOB11.63▲ 0.92% USD/DOP60.83▲ 0.71% USD/CRC446.01▲ 1.66% USD/GTQ7.64▲ 3.18% USD/HNL26.90▲ 0.20% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.33% USD/TTD6.72▲ 2.23% EUR/BRL6.17▼ 0.15% BRENT 93.02 ▲ 1.67% WTI 86.99 ▲ 1.10% IRON ORE 161.91 — — COPPER 6.30 ▲ 1.33% GOLD 4,011 ▼ 0.47% SILVER 52.18 ▲ 2.11% SOY 1,234 ▲ 0.80% CORN 447.25 ▼ 0.39% WHEAT 599.50 ▲ 1.14% COFFEE 265.20 ▼ 2.28% SUGAR 18.45 ▲ 1.99% ORANGE JUICE 146.40 ▼ 0.24% COTTON 82.35 ▲ 4.65% COCOA 5,043 ▲ 6.35% BEEF 218.23 ▼ 0.44% CATTLE 327.25 ▼ 0.94% LITHIUM 61.38 ▲ 2.33% PETR4 44.23 ▼ 1.60% VALE3 64.29 ▼ 0.79% ITUB4 41.77 ▲ 1.38% BBDC4 14.54 — 0.00% ABEV3 15.81 ▲ 0.13% BBAS3 17.14 ▲ 0.23% B3SA3 14.75 ▲ 1.86% WEGE3 51.98 ▲ 2.02% PRIO3 61.84 ▲ 3.03% SUZB3 54.18 ▼ 0.51% RENT3 30.19 ▲ 1.34% AZZA3 15.13 ▲ 2.72% CSAN3 2.93 ▲ 9.33% RAIZ4 0.30 ▼ 98.77% PCAR3 2.55 ▼ 0.39% GMAT3 3.94 ▲ 3.41% PSSA3 45.97 ▼ 1.50% CVCB3 0.88 ▲ 2.33% POSI3 3.27 ▲ 3.81% SLCE3 17.18 ▲ 0.53% NATU3 5.59 ▲ 0.72% BRKM5 2.94 ▲ 0.68% RANI3 8.50 ▲ 0.59% CSNA3 4.40 ▲ 0.46% IBOV 172,470.78 ▲ 0.66% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.56 ▼ 0.40% USD/MXN 18.62 ▼ 0.04% USD/CLP 983.88 ▼ 0.04% USD/COP 3,282 ▲ 0.24% USD/PEN 3.41 ▼ 0.03% USD/ARS 1,547 ▲ 0.05% USD/UYU 40.52 ▲ 3.70% USD/PYG 6,174 ▲ 1.84% USD/BOB 11.63 ▲ 0.92% USD/DOP 60.83 ▲ 0.71% USD/CRC 446.01 ▲ 1.66% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.90 ▲ 0.20% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.33% USD/TTD 6.72 ▲ 2.23% EUR/BRL 6.17 ▼ 0.15% BRENT 93.02 ▲ 1.67% WTI 86.99 ▲ 1.10% IRON ORE 161.91 — — COPPER 6.30 ▲ 1.33% GOLD 4,011 ▼ 0.47% SILVER 52.18 ▲ 2.11% SOY 1,234 ▲ 0.80% CORN 447.25 ▼ 0.39% WHEAT 599.50 ▲ 1.14% COFFEE 265.20 ▼ 2.28% SUGAR 18.45 ▲ 1.99% ORANGE JUICE 146.40 ▼ 0.24% COTTON 82.35 ▲ 4.65% COCOA 5,043 ▲ 6.35% BEEF 218.23 ▼ 0.44% CATTLE 327.25 ▼ 0.94% LITHIUM 61.38 ▲ 2.33% PETR4 44.23 ▼ 1.60% VALE3 64.29 ▼ 0.79% ITUB4 41.77 ▲ 1.38% BBDC4 14.54 — 0.00% ABEV3 15.81 ▲ 0.13% BBAS3 17.14 ▲ 0.23% B3SA3 14.75 ▲ 1.86% WEGE3 51.98 ▲ 2.02% PRIO3 61.84 ▲ 3.03% SUZB3 54.18 ▼ 0.51% RENT3 30.19 ▲ 1.34% AZZA3 15.13 ▲ 2.72% CSAN3 2.93 ▲ 9.33% RAIZ4 0.30 ▼ 98.77% PCAR3 2.55 ▼ 0.39% GMAT3 3.94 ▲ 3.41% PSSA3 45.97 ▼ 1.50% CVCB3 0.88 ▲ 2.33% POSI3 3.27 ▲ 3.81% SLCE3 17.18 ▲ 0.53% NATU3 5.59 ▲ 0.72% BRKM5 2.94 ▲ 0.68% RANI3 8.50 ▲ 0.59% CSNA3 4.40 ▲ 0.46%
since 2009
Wednesday, November 11, 2026

Brazil Politics - Brazil

Diplomatic Moves: Brazil Hosts Xi Jinping and Engages with Biden

By · · 2 min read

Brazil is preparing for significant diplomatic engagements as it hosts the Group of 20 (G20) summit in Rio de Janeiro next month.

President Luiz Inácio Lula da Silva will welcome Chinese President Xi Jinping for an official state visit immediately following the summit.

This visit highlights the growing ties between Brazil and China, especially in light of China’s Belt and Road Initiative, which aims to boost infrastructure investment globally.

Free daily brief — no card needed
Get every Brazil story in one morning email
We build you a personalized brief around the topics you follow — free for 7 days. Love it? Your first month after that is US$1.

Xi’s visit to Brazil marks a continuation of strengthening relations between the two countries. It underscores China‘s interest in expanding its influence in Latin America, a region of strategic importance amid global geopolitical shifts.

The visit also provides an opportunity for Brazil to enhance economic cooperation with China, potentially increasing investment and trade.

Diplomatic Moves: Brazil Hosts Xi Jinping and Engages with Biden
Diplomatic Moves: Brazil Hosts Xi Jinping and Engages with Biden.
RT
Ask Rio Times
This story and the bigger picture.
Open the full Ask Rio Times →

Meanwhile, U.S. President Joe Biden will attend the G20 summit but will not make an official stop in Brasília. Instead, he plans to meet Lula in the Amazon region, either in Manaus or Belém.

U.S.-Brazil Relations

This meeting aims to address environmental concerns and strengthen U.S.-Brazil relations through initiatives like the Partnership for Workers’ Rights. This initiative focuses on combating forced labor and promoting fair labor standards.

Biden’s agenda also includes discussions on international financial reforms to alleviate debt burdens on developing countries. These discussions follow previous G20 summits where major lenders, including China, were urged to provide debt relief.

The G20 summit, hosted by Brazil for the first time, will take place at the Museum of Modern Art on November 18-19, 2024.

The theme is “Building a Just World and a Sustainable Planet,” reflecting Brazil’s focus on social inclusion and sustainable development. Key topics include climate change, sustainable development, and reforming global governance institutions.

These high-profile visits and the G20 summit highlight Brazil’s strategic role in global diplomacy. They reflect broader geopolitical shifts as major powers engage with emerging economies in Latin America.

These interactions are crucial for addressing global challenges such as climate change, economic inequality, and financial stability.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

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