Trade tensions between Brazil and China are expected to increase after the Asian country emerged last year as the biggest foreign direct investor in Latin America’s largest economy.
Analysis of data from Brazil’s central bank shows that China accounted for about $17bn of Brazil’s total FDI inflows in 2010 of $48.46bn, up from less than $300m in 2009, according to Sobeet, a Brazilian think-tank on transnational companies.
“This is the first time we have had so much investment from China,” Luis Afonso Lima, president of Sobeet, told the Financial Times. Exports of commodities, such as iron ore and the “soya complex” of beans, oil and meal, to China helped to keep Brazil’s economy afloat during the financial crisis.
您已阅读44%（720字），剩余56%（931字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。