In the middle of northern Brazil’s Amazon jungle, Chinese-made digging equipment rasps at the bottom of a giant iron ore mine. Here in the municipality of Canaã dos Carajás in the Serra dos Carajás in Brazil’s Pará state, some 1,600 miles northwest of Rio de Janeiro, Chinese engineers keep watch over a fleet of stackers, reclaimers, and other large-scale equipment in the
By Renato Baumann | China Daily | Updated: 2021-07-01 07:14 Share CLOSE
It s been a year and a half since the COVID-19 pandemic overwhelmed productive relations across the world. Constrained access to inputs, problems in accessing vaccines and other medical supplies, and travel restrictions are just a few of the most pressing characteristics of this period.
But despite the unprecedented conditions, China-Brazil economic exchanges have progressed well and also benefited from spillovers of Sino-US relations, especially on trade in agricultural products, adding to an already significant trade relationship.
Since 2013, China has been the most important destination for Brazilian exports. As for direct investment, China has invested quite significantly in Brazil since the early 2000s－initially in production of commodities such as petroleum, minerals and soy, but later also in transportation, telecommunications, financial servi