BRICS members discuss trade grievances with host China

Thursday, April 14th 2011 - 05:00 UTC

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Chinese President Hu Jintao came under pressure from fellow BRICS members Brazil, Russia, India and South Africa to open the Chinese market to goods ranging from Indian drugs to Brazilian planes as leaders gathered on a tropical south China island for a summit. Read full article

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briton
Well they do say BRICS & MORTOR, go together.
untill someone nocks it down ??
Apr 14th, 2011 - 06:40 pm - Link - Report abuse 0
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GeoffWard
Mercopress is unclear:

Are there Chinese tariff barriers against the Brasilian small E-190 domestic jet *imported as a Brasilian-assembled, fully operational aeroplane*?
Or are the price differentials simply related to the two country's salary levels?

Does Embraer simply wants to produce in China to reduce production costs - and then sell the products on the world markets?
Or all the assembled planes intended for the China market?

If the Chinese exports to Brasil are being sold to Brasil 'below the cost of manufacture' and transportation, does this include or exclude the 60% tariff imposed by Brasil?
If Brasil's outcome of this trade round is the removal of tariffs on her imports, how will this benefit the home industries?

Is the debate with China concerning allowing importation of cutting-edge technological products into China a win, or a win-win, or a sadly academic outcome? Because where are these Brasilian cutting-edge products?
Apr 15th, 2011 - 12:43 am - Link - Report abuse 0
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