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International relations

Xi meets Brazil's Lula amid calls to shake up Western-led order

South American nation signs deals with biggest trading partner China

Chinese President Xi Jinping with Brazilian counterpart Luiz Inacio Lula da Silva, who is on his first visit to China since taking office in January. Lula has called for China, Brazil and other BRICS members to move away from relying on the U.S. dollar for trade.   © Reuters

SHANGHAI -- Chinese President Xi Jinping met with Brazilian counterpart Luiz Inacio Lula da Silva on Friday, as the South American leader called for a shift away from dollar-denominated trade and challenged the dominance of Western-led financial institutions.

The summit in Beijing, which ended with a string of deals during Lula's four-day visit to China, comes as Brazil looks to bolster ties with its top trading partner, where it exported nearly $90 billion worth of soybeans, iron ore and other goods last year.

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