Despite thriving trade, China’s relationship with Brazil is weakening
President Jair Bolsonaro’s rhetoric has not helped
ON A TRIP to China in 2004 Luiz Inácio Lula da Silva, then president of Brazil, took with him an entourage fit for a rock star: seven cabinet ministers, six state governors and more than 450 businessmen. Relationships were established and deals hashed out. Over the next five years China would become Brazil’s most important economic partner. By 2019 annual trade between the countries was worth $100bn.
This article appeared in the The Americas section of the print edition under the headline “A lopsided romance”
From the February 12th 2022 edition
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