China and Brazil pledged on Tuesday to defend free trade and multilateralism as the two countries signed 20 agreements in Beijing to strengthen their ties amid global trade uncertainties. The two countries should firmly oppose unilateralism,

Brazil's new trade protocols with China allow for the import of distillers' dried grains (DDGS), a high-protein byproduct from US ethanol.

The trade war has heightened China’s need to develop gateways to import the continent’s soybeans, corn and other foodstuffs that are the only viable alternative supply to U.S. exports.

Teixeira said China is the largest buyer of Brazilian agricultural products, with imports reaching $49 billion last year. Meanwhile, Brazil is also a major importer of Chinese agricultural products, as both countries continue to deepen trade and technological cooperation in the sector.

Brazil's central bank said Monday it will sign a currency swap agreement with the People's Bank of China, with a maximum outstanding value of 157 billion reais ($27.69 billion) and a five-year term.

"China and Brazil express support for Russian President Vladimir Putin’s May 10 offer for peace talks, as well as Ukrainian President Vladimir Zelensky’s positive statement," the document reads BEIJING, May 13. /TASS/. Beijing and Brasilia hope that ...