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BBCNEWS World Business Report July 6, 2024

president lula da silva is paying a visit. president xijinping president lula da silva is paying a visit. president xi jinping told president lula da silva is paying a visit. president xijinping told his brazilian counterpart that chinese development would create new opportunities for brazil. the also an opportunity for beijing to reinforce ties with one of the world s emerging economic powers, a member of the group of economies which also includes russia, india and south africa. he said he viewed relations with brazil as a diplomatic high priority. the countries agreed a deal to ditch the dollar and trade between them in their own currencies. joining me now is the chief economist, who joins me now. big on promises after this meeting about what these deeper ties will mean for brazil but i wonder what was your to how much detail there was about the opportunities which could present themselves to brasilia. ., ., , brasilia. there were areas where there was detail, brasi ....

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BBCNEWS World Business Report June 4, 2024 13:32:00

Brasilia. ., ., , brasilia. there were areas where there was detail, brasilia. there were areas where there was detail, areas - brasilia. there were areas where there was detail, areas with - brasilia. there were areas where there was detail, areas with no l there was detail, areas with no detail. there is no detail on how to ditch the dollar because that is a big statement. the only thing we have so far as a lock on resettlement infrastructure in brazil. it doesn t necessarily change the picture of which currency brazil would be trading with, whether with china or with the rest of the world. my sense is that we will see a little bit of an increase in trade settlements but it won t be massive, so that is one. there is very little detail on many other items including semiconductor production in brazilfrom china, that seems a far fetched proposition. that seems a far-fetched proposition. that seems a far-fetched roosition. ., , , that seems a far-fetched ro osition. ., , , ., that se ....

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