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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (33647)4/22/2008 3:12:11 PM
From: elmatador  Read Replies (1) | Respond to of 217942
 
The case of China and Brazil started 2004 whn Brazil granted market-economy status.

(Bear with me this answer is going to be completed)

I suspect Brazil wanted to give the industry ther a run for their money form them to upgrade. Industry in Brazil was coddled nbefore behindtariff barriers, hence the industry pressure for retaliate.

China devours Brazil's exports
Brazil is considering trade sanctions against Chinese goods after trade talks in Beijing broke down.

Dow Jones Newswires reported Brazil and other Latin American countries, which granted China market-economy status last year, are suffocating under cheap Chinese textiles, shoes, toys, tires, and auto parts, often at the expense of local industry.

Other Latin American countries have implemented measures against Chinese goods, including Argentina, Colombia, and Mexico.

Brazil is seeking voluntary Chinese export quotas. Brazilian Trade and Development Minister Luiz Fernando Furlan, who returned from Beijing on 30 September after talks broke down, told reporters the government's foreign trade council, Camex, "has already approved sanctions, and President Lula has frequently said he favors them."

The wave of cheap Chinese imports has cut Brazil's surplus with China by more than half in the past year. Brazil's exports to China consist primarily of the raw materials devoured by China's industrial machine.

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To: Haim R. Branisteanu who wrote (33647)4/22/2008 3:14:10 PM
From: elmatador  Respond to of 217942
 
Resulting from the pressure Brazil tries to broaden their exports to China.

Brazil seeks to broaden exports to China
The Brazilian government is planning a trade mission to China in the first half of 2007, aiming to diversify the nation's pattern of exports to China, Foreign Trade Secretary of the Development Ministry Armando Meziatsaid on Thursday.
The government will hold a meeting with local businessmen at the end of March to specify the products that could be exported to China. At present, Brazil basically exports raw materials like minerals and soya to China.
The government wants to export more greater-value-added products to the country, he said.
Brazil's total trade with China reached 16.4 billion U.S. dollars in 2006, a hike of 32.5 percent over the previous year.




To: Haim R. Branisteanu who wrote (33647)4/22/2008 3:19:51 PM
From: elmatador  Respond to of 217942
 
Brazil knows ultra-cheap labor era will end, costs climb, export prices will follow. An on and off discussion with TJ here

China's Factory Blues
businessweek.com



To: Haim R. Branisteanu who wrote (33647)4/22/2008 3:25:42 PM
From: elmatador  Respond to of 217942
 
Higher Real forces Brazil to put factories inside China

Brazilian Embraer to Build Assembly Plant in China... to build an aircraft assembly and components factory in China,

Vale to Set Up Four Iron Ore Pellet Factories in China
April 04, 2008; ... These factories will process iron ore provided by the Brazilian company. ...


Marcopolo may open unit in China to combat rise of Brazil’s currency [ 2006-02-16 ]

Sao Paulo, Brazil, 16 Feb – Brazilian company Marcopolo, one of the world’s largest manufacturers of bus bodywork, has restarted its studies for opening a unit in China after the recent increase in value of Brazil’s currency, company officials said Wednesday.



To: Haim R. Branisteanu who wrote (33647)4/22/2008 3:29:55 PM
From: elmatador  Respond to of 217942
 
who's afraid of a hundred million Chinese factory hands? Not Brazil

findarticles.com