Brazilian President Lula, who is currently visiting Shanghai, attended the inauguration ceremony of former Brazilian President Dilma Rousseff as president of the BRICS New Development Bank. NDB aims to mobilize resources for infrastructure and sustainable development projects in emerging economies and developing countries.
Niu Haibin, director of the Foreign Policy Research Institute of the Shanghai Institute of International Studies, said there are more and more Brazilian elements in Shanghai. He noticed that many "Brazilian elements" have entered Shanghai and are widely popular, such as training institutions for Brazilian war dance.