Xi, China and Brazil
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China is moving to strengthen its alliances with other countries as a counterweight to President Donald Trump’s trade war, presenting a united front with Latin American leaders a day after China and the U.
China and Brazil pledged on Tuesday to defend free trade and multilateralism as the two countries signed 20 agreements in Beijing to strengthen their ties amid global trade uncertainties. The two countries should firmly oppose unilateralism,
While a plan to create a faster Pacific Ocean route for Brazil-China trade has been under consideration since 2014, it was originally intended to move via Chile. The development of the Chancay Port and other infrastructure in the past few years has opened the door to the new route via Peru.
The trade war has heightened China’s need to develop gateways to import the continent’s soybeans, corn and other foodstuffs that are the only viable alternative supply to U.S. exports.
SINGAPORE (Reuters) - Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, according to two tanker tracking firms, company documents and four traders, helping buyers to cut logistics costs and circumvent U.S. sanctions.
When Lucas Silva Ferreira needed a new air conditioner to cool his Rio de Janeiro home in the sweltering February heat, he decided to go with a Chinese model instead of old standbys like LG or Whirlpool.