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.