Brazil's good relations with China based on respect for sovereignty: president

China

Brazil's good relations with China based on respect for sovereignty: president

2024-11-16 11:08 Last Updated At：12:37

The harmonious relationship between Brazil and China is due to mutual respect for sovereignty and each other's rights to decide their own development paths, said Brazilian President Luiz Inacio Lula da Silva in an interview with China Central Television prior to Chinese President Xi Jinping's upcoming visit to Brazil.

"A first thing I learned in my career as a politician is to respect the territorial and cultural sovereignty of every country, and the sovereignty of every country to decide their best governance and administration systems. I respect this sovereignty. It's not whether the Brazilian president likes or dislikes China's model. It's the Chinese people who should like China's model. And it's not China, but the Brazilian people who should like Brazil's model. See, if we respect this right, everything would be much easier. In state-to-state relations, we should look for commonalities rather than differences. We should not focus on those differences. If we can do this, we will have harmonious relations with all other countries in the world," said the Brazilian president.

This year marks the 50th anniversary of the establishment of diplomatic relations between China and Brazil. Despite differences in political systems, history and culture, the two countries enjoy a non-confrontational relationship and close cooperation on satellite, space, climate, trade, cultural exchanges and many other fields, setting a partnership example for all countries in the world.

After attending the the 31st APEC Economic Leaders' Meeting in Lima, Peru on Friday and Saturday and completing his ongoing state visit to Peru, Xi will travel to Rio de Janeiro to attend the 19th G20 Summit and pay a state visit to Brazil at the invitation of Lula da Silva from Nov 17 to 21.

China's commodity price index up 4 pct in March

China's commodity price index stood at 129.9 points in March, up 4 percent month on month and 14.5 percent year on year, according to data released by the China Federation of Logistics and Purchasing (CFLP) on Sunday.

Among the 50 major commodities under key monitoring by the CFLP, 38 recorded a month-on-month price increase in March.

Specifically, diesel, methanol and ethylene glycol led the gains, rising 30.5 percent, 30.4 percent and 29.3 percent, respectively, from the previous month.

Affected by imported factors such as tensions in the Middle East and a sharp rise in international crude oil prices, China's energy and chemical price indices rose significantly, up 16.5 percent and 21.8 percent month on month, respectively.

Driven by rising international fertilizer prices and growing demand for biofuels, China's agricultural product price index increased by 2.8 percent month on month.

Analysts noted that the sharp rise in the commodity price index in March comes from factors such as the recovery of the domestic commodity market, the good outcomes of policies, and the ongoing tensions in the Middle East.

Given the increasingly volatile international commodity prices and the rising uncertainties in importing energy, chemicals and other commodities, it is necessary to diversify the sources of raw materials, expand the use of alternative resources, and enhance the ability to resist and respond to risky factors that may cause fluctuation in markets, said the analysts.