Article Highlight: Beijing or Broadway? Brazil Plays Both Stages in Superpower Tussle

22 May 2025

In his latest article, Financial Times author Michael Stott examines how Brazil is navigating between China and the United States. Stott argues that as global superpowers intensify their efforts to shape international influence, Brazil is showcasing a deft ability to balance its relations with both. President Luiz Inácio Lula da Silva’s recent diplomatic engagements reflect a calculated strategy to maintain strong ties with both East and West — a balancing act that signals Brazil’s growing clout on the world stage.

President Lula’s recent visit to China was marked by symbolic warmth and substantial agreements. As the guest of honor at a China–Latin America summit hosted by President Xi Jinping, Lula signed over 20 bilateral cooperation deals, representing nearly R$27 billion ($4.8 billion) in planned Chinese investments in Brazil.

At the same time, while Lula’s government courted Beijing, Brazil’s private sector was making waves in New York. “Brazil Week,” an annual series of financial and business conferences, drew prominent executives, state governors, and federal officials. Their message was clear: despite political tensions, the U.S.–Brazil economic relationship remains vital.

For Stott, Brazil’s global strategy is not about choosing sides, but about positioning itself as a stable, attractive partner in an uncertain world. Global Neighbours Advisory Board member and former president of the New Development Bank, Prof. Dr. Marcos Prado Troyjo, commented: “Brazil is more culturally aligned with the US and closer to US values. But Brazilian businesspeople increasingly realise that if they want long-term investment, they have more possible partners in China, the Middle East, or Singapore than in the US.”

Brazil is not simply reacting to global power dynamics — it is shaping them. By simultaneously engaging with the world’s two largest economies, the Lula administration is carving out a path of strategic autonomy. Whether in Beijing’s halls of power or on the stages of New York finance, Brazil is performing a careful and calculated act — and so far, it’s playing both stages exceptionally well.

Read the full article here: https://www.ft.com/content/c5de12cf-96be-434d-9c5f-c55417257454

Image: Gabrieuskal – stock.adobe.com