LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

February 5, 2024

What Will Brazil & China Gain From Strong Relations?

Brazilian President Luiz Inácio Lula da Silva met last month in Fortaleza with Chinese Foreign Minister Wang Yi. // Photo: Chinese Government.

Q

A

Margaret Myers, director of the Asia & Latin America Program at the Inter-American Dialogue: “China and its companies have prioritized relations with Brazil since the onset of China’s enhanced economic engagement with the region, starting in the late 1990s and early 2000s. Brazil was seen as a natural (read: sizable) market for Chinese goods, and a critical supplier of soy, which China has required in growing quantities in recent years—mostly for use as animal feed. Brazil has also been a top market for Chinese investors in the region, whether in traditional sectors (agriculture and oil and gas) or emerging ones, such as telecommunications, electric vehicles and other higher-tech manufacturing. Brazil and China additionally worked to align their international priorities during Lula’s first administration, as they joined forces on BRICS development. In general, the drivers of China-Brazil relations haven’t changed all that much in recent years. Trade continues to…”

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The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. To subscribe, click here. For terms and conditions, click here. For more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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Gene Kuleta
Editor
P. 202.463.2920
E. gkuleta@thedialogue.org

Carl David
Goette-Luciak
Reporter

Nili Blanck
Reporter

board of advisors

Diego Arria
Director,
Columbus Group

Merike Blofield
Professor of Political Science,
University of Hamburg

Devry Boughner Vorwerk
CEO,
DevryBV Sustainable Strategies

Joyce Chang
Global Head of Research,
J.P. Morgan

Marlene Fernández
Corporate Vice President for Gov’t Relations,
Arcos Dorados (McDonald’s)

Peter Hakim
President Emeritus,
Inter-American Dialogue

Donna Hrinak
Director,
Adtalem Global Education

Jon E. Huenemann
Council Member,
GLG Inc.

James R. Jones
Chairman,
Monarch Global Strategies

Craig Kelly
Senior Director,
Int’l Gov’t Relations,
Exxon Mobil

Barbara Kotschwar
Professor of Political Economy,
Georgetown University

John Maisto
Director,
US Education Finance Group

Nicolas Mariscal
Chairman,
Grupo Marhnos

Thomas F. McLarty III
Chairman,
McLarty Associates

Beatrice Rangel
Director,
AMLA Consulting

Ernesto Revilla
Head of Latin American Economics, Citi

Gustavo Roosen
President,
IESA

Andrés Rozental
President, Rozental &
Asociados

Shelly Shetty
Managing Director,
Sovereigns, Fitch

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