Xi's remarks coincided with a thaw in trade tensions between China and the United States, although he refrained from directly mentioning the US president. During the meeting, attended by key figures like Brazil's President Luiz Inácio Lula da Silva and Chile's President Gabriel Boric, Xi highlighted the importance of cooperation amidst rising global protectionism. He promised to increase imports from Latin America and encourage Chinese investment in the region, reinforcing China's appeal as a trade partner. Boric echoed these sentiments, advocating for multilateralism in addressing modern global challenges, while Xi captivated the audience with aspirations of studying ancient civilizations' collaborations between China and Latin America.