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As Brazil’s Economy Explodes, China Overtakes the US as its Largest Trading Partner
UK Telegraph via http://visosearch.com/?p=245 ^ | 10 May 2009 | Malcolm Moore, in Shanghai UK Telegraph

Posted on 05/20/2009 9:31:27 PM PDT by wrrock

The US has been Brazil’s principal trading partner for nearly 80 years, but a sudden surge in Chinese demand for Brazilian iron ore in the first quarter of this year dislodged the Americans.

The news is the latest sign of China’s increasing challenge to US hegemony in Latin America. China has been steadily increasing its sphere of influence and has become particularly close to the four “Red” South American countries: Venezuela, Bolivia, Ecuador and Peru.

(Excerpt) Read more at visosearch.com ...


TOPICS: Business/Economy; Politics
KEYWORDS: brazil; china; iron; ironore; metal

1 posted on 05/20/2009 9:31:28 PM PDT by wrrock
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To: wrrock
Mr. Obama's fault..........

Ohh yeah, on a side note ,,, is it just me ? or ? .... when looking at the Cali election and the response from the Libs/MSM/ and Pelosi's lies, Harry's slip up with his statements, the BIG 3 mess and bail outs, does it look like the Democrats/MSM are un raveling like a baseball splitting at the seems ?
2 posted on 05/20/2009 9:47:12 PM PDT by Prophet in the wilderness (PSALM .53 : 1 The FOOL hath said in his heart, there is no GOD.)
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To: wrrock

What did they do, open Dollar General chains and put a Walmart in every town?


3 posted on 05/20/2009 9:49:48 PM PDT by huldah1776 ( Worthy is the Lamb)
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To: wrrock

I wonder if this means an increase of Latin American immigrants to Brazil and less to the U.S. Will Mexicans start going there instead??


4 posted on 05/20/2009 9:50:56 PM PDT by floridavoter2
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To: wrrock

Brazil is the country of the future and always will be


5 posted on 05/20/2009 10:04:38 PM PDT by Jim from C-Town
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To: Jim from C-Town

The only good things to come out of Brazil.

6 posted on 05/20/2009 10:06:56 PM PDT by dfwgator (1996 2006 2008 - Good Things Come in Threes)
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To: floridavoter2
“I wonder if this means an increase of Latin American immigrants to Brazil and less to the U.S. Will Mexicans start going there instead??”

No it means China has more secure access to basic commodities and gets to avoid the dollar. China is taking a long term view and positioning for the dollars collapse and at this point it might be closer than most think.

7 posted on 05/20/2009 10:15:08 PM PDT by Polynikes (Viene una tormenta)
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To: dfwgator

Don’t forget http://www.texasdebrazil.com/


8 posted on 05/20/2009 10:36:31 PM PDT by rahbert
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To: Polynikes
No it means China has more secure access to basic commodities and gets to avoid the dollar

Are you assuming China's not paying in dollars, or do you know this?

9 posted on 05/20/2009 10:44:43 PM PDT by VeniVidiVici (Putin warned Obama not to pursue Marxism. Obama has ignored him.)
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To: VeniVidiVici
Brazil and China are trying to work out a deal whereby the purchase from each other using national currencies, bypassing the dollar. There were multiple articles posted to FR about it a few days ago :

Lula: Let's trade in our own currencies

China and Brazil: Dump the Dollar

But there's also been a bit of backpedaling, or soft-soaping, however you want to put it:

Brazil, China Plan to Trade Without Dollars Is ‘Pure Idle Talk’

China, Brazil Yuan Trade Will Take Years, Bank of China Says

Guess they got scared of setting off a dollar-dumping frenzy too early...

10 posted on 05/21/2009 7:58:07 AM PDT by kaylar
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To: VeniVidiVici
See post #10. The Chinese see whats happening in the US re: the dollar and the economic house of cards our Community Organizer in Chief is perpetuating. They are taking a long strategic view and are trying to work around the dollar when possible. They may have softened their dollar dump for the time being but rest assured they see a coming collapse.
11 posted on 05/21/2009 9:26:27 AM PDT by Polynikes (Viene una tormenta)
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To: MimirsWell
You persistently call me a Chicom troll (which I am not). Yet, how can I not give my perspective, when articles like this are posted and spun in such a way that is portrayed as negative?

China has a growing appetite for resources as they industrialize. It's as direct and simple as that. And that appetite will result in China surpassing the US in certain areas around the globe. But to then take legitimate need for resources, and then spin it in such a way as to portray it as China's attempt to "challenge US hegemony", would be seen as an insult to the average Chinese.

So, I'm not a troll, rather, I believe it is important to share my perspective on what is not seen by many on this board but it blatantly clear to the Chinese.

12 posted on 05/21/2009 3:11:01 PM PDT by ponder life
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To: ponder life

Answer the question: Are you
a) An American-born person of chinese origin?
b) A Chinese-born naturalized American?
c) A Chinese passport holder?
d) A Chinese-born person holding some other passport?
e) None of the above

Your answer, if honest, will expose or redeem you. But until then to me and many others on FR, you are a Chicom Troll, even if an old benign one.


13 posted on 05/21/2009 9:54:37 PM PDT by MimirsWell (Scipio Pakistanus)
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To: MimirsWell
My answer is: "a) An American-born person of chinese origin?"

The reason why I am so upfront about what I say is because I know the FR is full of people who are offended by political correctness in this country. And yet, they themselves propagate those same political correctness. They simply do it from a 180 degrees perspective.

So, why should an American WAIVE the British flag when the Queen of England visits and still be viewed as law biding patriotic Americans and yet people of other non-European nationalties, if they were to do the same (waive a flag of their national origins), be viewed as unAmerican?

Yet, the British flag waiver will complain that THEY are the ones bound by political correctness when that isn't even remotely true at all. THEY are the ones promoting their own political correctness. And if anyone of color looked cross eyed at them for promoting European culture, they would complain that they are bound by political correctness. But that in'st even remotely true.

By the same token, there are many Americans that value our diplomatic relationships with Britain, Australia, Germany, Italy, Spain, and yes, even France (despite comments like American fries) and not have their patriotism questioned. I demand that same right. As an American, I value our relationship with China and hope for the best. I want the same things you want, world peace in which the US is an integral part of. I just don't believe America's future is solely based with a partnership with Europe. And I resent any view that anything outside of that perspective is unpatriotic, unAmerican, etc. I've even been called the fifth column on this website. For what? Because I value America's growing relationship with China? And how far back in history do we go? Did you know that Britain marched on American soil and burned the capital to the ground? Yet we have close relations with them and we have forgotten about the past. Can we not do the same with China? And can I not promote that without being seen as a Chimcom?.

So, may I ask you something? You said you live and work in China. How can you get to know the Chinese people and not know that many of these perspectives, like this original thread, be so audacious to the Chinese people. To hear how some Americans are so offended, because of silly reasons like Brazil doing more trade with China would just make their eyes roll.

If you see America's relationship with the world from a EURO-CENTRIC perspectve, then yes, I can understand why you would call me a Chicom Troll (take a number). I said "understand", I didn't say I am one. But if you see America's relationship from a Global-Centered perspective, then there's no reason you should call me a Chicom.

14 posted on 05/22/2009 11:33:13 AM PDT by ponder life
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