Brazil – Page 4

29 May 2020

Brazilian Industry Calls for Measures to Compensate Import of Subsidized Chinese Products

A study by the National Confederation of Industry (CNI) shows that Brazil imported USD5 billion in subsidized Chinese products in 2019, 14.1% of Brazilian imports from China last year. The body is calling for more “compensatory measures” do protect the Brazilian industry,

29 May 2020

Brazil Picks New Representative for “BRICS Bank” and Names Brazil-China Council for Foreign Trade Position

Economist Roberto Fendt will be the new head of the Special Secretariat for Foreign Trade and International Affairs, of the Ministry of Economy, the Brazilian Government has announced Until now, Fendt has served as executive secretary of the Brazil-China Council.

25 May 2020

Further Tensions in Brazil-China Relations in Wake of Covid-19

Brazil-China relations have been put to a further strain with the release by the Brazilian Supreme Court of a recording of a Government meeting where Minister of Economy, Paulo Guedes, says the Chinese Government should pay for a Marshall Plan to all countries that have been hit by Covid-19. China´s embassy in Brazil has avoided escalation.

17 May 2020

China-Brazil trade resists global slowdown

With international trade levels declining as a result of the Covid-19 pandemic, Brazilian trade flows remain strong. According to data released by the Brazilian Foreign Trade Secretariat for the first four months of the year , exports to Asia, especially to China, are the hotspot for South America´s largest economy, and sales to China grew 11.3% .