[Polynikes]

“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.

[VeniVidiVici]

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?