Brazil Rejects China's Road Initiative, Seeks New Collaboration Path
Brazil becomes the second BRICS nation after India to decline joining China's flagship infrastructure project, opting for alternative investment strategies.
- Brazil's decision marks a significant setback for China's Belt and Road Initiative, following India's earlier refusal to join.
- Special presidential adviser Celso Amorim emphasized Brazil's intent to enhance relations with China without formal treaty commitments.
- Brazil aims to align its infrastructure projects with Belt and Road investment funds without officially joining the initiative.
- The decision comes ahead of Chinese President Xi Jinping's planned state visit to Brazil on November 20.
- Concerns over potential complications with a future Trump administration and lack of immediate benefits influenced Brazil's decision.
NDTV 
South China Morning Post 
