The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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From: elmatador	5/27/2021 8:18:21 AM
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The US deficit with China increased because the Chinese are buying more from other countries than from the US. Brazil or instance China Accounts for Two-thirds of Brazil’s Trade Surplus in 2020, Says FGV The Chinese appetite for Brazilian commodities led the Asian giant to account for 32.3% of Brazilian exports in 2020, compared to a share of 28.1% in 2019. In terms of imports, China had a 21.4% share in 2020, compared to 19.9% in 2019. Similar with Australia's trade dispuite with China. Brazil again, the main beneficiary. Iron ore to displace soybeans as Brazil's main export earner -trade body Brazil's iron ore export revenues are set to surge 60% this year and displace soybeans as the country's number one source of foreign exchange earnings for the first time in six years, Brazil's Foreign Trade Association (AEB) said on Tuesday.

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