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To: BeauBo

How deeply is China involved in Brazil? I have a feeling Brazil’s new President is not going to tolerate the sort of crap you describe, unless he has no choice.


37 posted on 11/01/2018 2:25:06 AM PDT by Paul R.
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To: Paul R.

The election of a Conservative in Brazil could be a big blow to future Chinese Communist Party opportunities there. I assume the Chinese had the old politicians on their payroll.

Brazil is a huge agricultural producer, a reasonable oil producer, and has a pretty diverse economy, producing commercial jets (Embraer) and other sophisticated goods.

The hard core Leftists who have run Brazil for 15 years were putty in the hands of the their Chinese fellow travelers. When they (Lula) came to power in 2003, trade relations and investment began rising sharply.

China is now Brazil’s biggest trading partner (19%, US is 12%). From 2003 to June this year, Chinese firms have invested almost US$54 billion in around 100 projects in Brazil. From buying food and oil, they have moved into owning Brazilian communications and banking.


38 posted on 11/01/2018 2:47:38 AM PDT by BeauBo
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