Win for Lula boosts China’s foothold and gives Brazil rare earths leverage

South China Morning Post - Oct 26, 2026

Brazilian President Luiz Inacio Lula da Silva’s re-election preserves Beijing’s most critical foothold in Latin America, while positioning Brasilia to leverage the US-China rivalry over its vast rare earth reserves without picking sides. Lula, 80, secured an unprecedented fourth term on Sunday after winning 51.8 per cent of the run-off vote to defeat right-wing rival Flavio Bolsonaro. The son of jailed former president Jair Bolsonaro and Trump ally has, however, refused to concede. Beijing...

Read full article
More News
Copyright © 2015 - 2026 The Financial Capital.

All Rights Reserved.

Subscribe Now!

About Us

The Financial Capital is your independent source for finance information and advice. We provide insights and offer advice from financial experts so you can make the best decisions.