China-Brazil Deepen Strategic Ties with Mammoth Deals and BRICS Pay at Center

Source: Pagenews.gr | Original Published At: 2026-01-23 19:09:43 UTC

Key Points

• China and Brazil accelerate strategic cooperation through massive investments in energy, infrastructure, and technology sectors.
• BRICS Pay emerges as a key initiative – a digital payment platform connecting BRICS national systems to bypass Western mechanisms like SWIFT.
• Bilateral trade reached $171 billion in 2025, with China becoming Brazil's top trading partner.
• The collaboration includes green energy projects like ultra-high-voltage transmission lines and Chinese automotive manufacturing expansion in Brazil.
• BRICS' payment system draws inspiration from Brazil's successful Pix system, aiming to create a parallel financial architecture reducing dollar dependency.