Brazilian President Jair Bolsonaro and Chinese counterpart Xi Jinping on Friday signed a series of accords at a meeting in Beijing. Bolsonaro is in the midst of an Asia tour. The two leaders signed agreements that will boost Brazilian exports of beef, cotton and other agricultural products to China, increase educational exchanges between citizens of the two countries, facilitate bilateral trade through an Authorized Economic Operator mechanism, and create a joint research and development center, on Brazilian soil, for renewable energy. Bolsonaro said, “the accords show how much Brazil needs China and how much China needs Brazil.” China is now Brazil’s number one trade partner, with bilateral exchanges in 2018 of nearly $100 billion. China is also a major investor in Brazil, especially in the area of electric power utilities. Earlier this week, Bolsonaro announced that the government will waive visa requirements for Chinese citizens entering Brazil.
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