Marcos Gonzalez put the Chileans in front before Rever equalised for Brazil. Neymar then scored for the Selecao but Eduardo Vargas drew the visitors level.
It was the first game to be played at a host stadium of next year’s World Cup in Brazil.
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.