Lula just made history in Brazil, but the biggest winner might be China

Brazilian President Luiz Inacio Lula da Silva has made history by winning a record fourth term after an initial setback. The veteran leader’s victory is not just a domestic milestone, but a major win for China. Lula’s re-election ensures that Beijing’s primary destination for foreign investment remains under the leadership of a leftist who has already visited China twice during his current tenure.