Brazil–China relations Brazil, with financing oil exploration to repairing railways.The repair of railways and infrastructure came ahead of the Rio Olympics in 2016. There is also a trade phase from raw materials to heavy equipment and industrial goods. The two countries have also signed a currency agreement that will include up to $30 billion dollars worth of Chinese Yuan and Brazilian real. This deal was signed to provide an alternative currency to the US Dollar with respect to the Chinese Yuan. China is considered Brazil's largest trading partners. Brazil and China are members of an economic organization called BRICS, also consisting of
National Defense Council (Brazil) with Council members on a regular basis. The National Defense Council is headed by the President of Brazil and composed of the following members: National Defense Council (Brazil) The National Defense Council (CDN) () is a consultative body of the President of Brazil on matters of national security, foreign policy, and defence strategy. The Council was established on 29 November 1927 by President Washington Luís. It is composed of key ministers and military commanders and chaired by the President of Brazil. The National Defense Council was established by Decree no. 17,999 of 29 November 1927, and organized by Decree no.