Lola goes to China in search of investing in the middle of Trump’s trade war Brazil
Brazilian President Beijing will visit on Monday and Tuesday to attract investment, in the middle of the “trade war” that started with it customs It is imposed by the President of the United States, Donald Trump, whose main goal was the People’s Republic of China.
On this visit, This follows the person who did Moscow, in RussiaWhere he watched the celebrations of the victory day about Nazism and if I found with Vladimir PutinLouise Lula da Silva will meet with the Chinese president, Xi JinpingAnd will attend the fourth meeting of the China-Kelac Forum (Latin American community and the Caribbean region).
A China is the largest commercial partner in Brazil Since 2009, the Brazilian government has a rally composed of ministers to prepare a visit to Lula da Silva, which has been announced is to attract investments from the Asian giant in infrastructure projects, as well as creating alternatives in global trade.
Leonardo Trevizan, professor of economics and international relations at the PUC-SP and the College of Advertising and Marketing (ESPM), stressed that the visit occurred in a sensitive moment and that China is a key partner for Brazil, but it remembered that the Brazilian entrepreneurs and government are also working not to be close to the United States.
“Brazil has no concentration in one country in all Brazilian economic history. Today, China has 35 % of Brazilian exports and 80 % of our main products, which is soybeans, and about 70 % of oil products (…). China occupies a space in the relevant Brazilian economic scenario.”
“However, even with this space, for various reasons, even for cultural identity with the American reality, there is also an official request to lead Brazilian business with productive structures, with US productive chains,” Treenisan added.
When asked whether China will be a partner today in the most reliable global scenario for Brazil from the United States, the expert stressed that in the relationship with the Chinese, the idea of ”friends, friends and business” prevails.
“The friendship with China is a situation, it is a reality, but the work is separate. China today is the great buyer of Brazilian exports,” he said.
“But taking into account what we have, our history, all our experience, all we have with American culture, it may be somewhat difficult for us to say that we will work suddenly in this regard.”
Trevisan indicated that Brazil He did not join the new silk road ((Belt and Road InitiativeAccording to the official Chinese designation), an international infrastructure project Beijing launched it for more than a decadeAnd note that although the Brazilian exports to the United States have a higher added value.
“While we sell”CommodityFor China, for the United States, we sell value -added products, products that generate jobs here, and products that consume technology; He explained that the products that make Brazil more updated in global production chains.
In a modern movement, China has increased the purchases of Brazilian soybeans due to the American tariff, another major source of soy beans. The American Producers Association quoted the replacement of American soybeans who are irreversibly feared.
In response to a question about whether this hinders the Brazilian position in negotiations on a 25 % tariff on steel and aluminum imposed by the United States, Treenisan evaluated a number.
“The United States understands that we are selling soybeans, but our industry has completely made it clear that it intends to continue like this, even with the very close shares of the American industry,” he repeated. “It is possible that the United States will realize that it is a moment and that China has offered purchase. Another thing is economic relations built for decades with fruitful chains.”
