Beijing, June 9, 2026 — Vice Finance Minister Liao Min and Brazilian Vice Finance Minister Alencastro co‑chaired the 12th meeting of the China‑Brazil High‑Level Coordination and Cooperation Committee’s finance and treasury subcommittee. China said it will deepen alignment of the Belt and Road Initiative with Brazil’s development strategy and step up practical cooperation across sectors. Both sides agreed to strengthen macroeconomic policy communication and coordination, deepen bilateral fiscal a

Beijing, June 9, 2026 — Vice Finance Minister Liao Min and Brazilian Vice Finance Minister Alencastro co‑chaired the 12th meeting of the China‑Brazil High‑Level Coordination and Cooperation Committee’s finance and treasury subcommittee. China said it will deepen alignment of the Belt and Road Initiative with Brazil’s development strategy and step up practical cooperation across sectors. Both sides agreed to strengthen macroeconomic policy communication and coordination, deepen bilateral fiscal and financial cooperation, and enhance coordination in multilateral forums, with China saying it aims to inject greater certainty into a volatile global environment by sustaining domestic economic stability.