China's President Xi Jinping and his Brazilian peer Luiz Inacio Lula da Silva on Wednesday upgraded the status of diplomatic relations and struck agreements on infrastructure, energy and agribusiness,

After President Luiz Inacio Lula da Silva welcomes Xi in Brasilia, negotiations are expected to deliver opening of markets.

China's Shanghai Yuanxin Satellite Technology signs a deal to offer satellite internet service in remote areas of Brazil, where SpaceX already serves 250,000+ customers.

Around 46 percent of Brazil's internet reportedly comes through Starlink, so the agreement could be a move to reduce reliance on Musk's company.

A Chinese state-backed company plans to launch a satellite service to compete with Elon Musk’s Starlink in Brazil, in a challenge for the US as Beijing expands its influence in Latin America. The announcement from Spacesail,