Agreements between Brazil and China

Sep 13, 2012 by admin    No Comments    Posted under: Politics

Brazil and China signed a handful of trade agreements aimed at boosting investment and trade flows for the coming decade, at a time when economic growth in both emerging market powerhouses is losing momentum abruptly. China, the world’s second largest economy, is Brazil’s biggest export market, and Brazil officials hailed the accord as critical to the South American country’s growth. Under the agreements signed by Brazilian President Dilma Rousseff and Chinese Premier Wen Jiabao, relations between the nations will rise to the status of a “global strategic partnership,” highlighting their growing influence in the global economy.

Source: Reuters