Brazil must balance trade relation and avoid ‘anti-China feeling’

Friday, November 4th 2011 - 08:11 UTC

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Brazil must balance its trade relation with China, (leading commercial partner) and not allow an anti-Chinese feeling among manufacturers to spoil relations with Beijing said economists in Sao Paulo. Read full article

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Dorian
Really? Ask for U.S. help with China? Maybe so that Brazil can rack up a trade deficit with the latter for 100's of billions, like the U.S.? One must keep in mind that China needs Brazil's food much more than Brazil needs Chinese cheap consumer products. Mme Roussef does well not to listen to economists like Spektor, who propose neo-liberal solutions. Protect Brazilian jobs, put up MORE walls. Don't follow the U.S. down the route of empty factories, trade deficits and ballooning budget deficits. Brazil has done well so far with the model it has followed.
Nov 04th, 2011 - 10:08 pm - Link - Report abuse 0
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Fido Dido
Dorian, I agree with you. neo-liberal solutions is dead for people with a healthy brain. but what brazil must do (I read they already working on it what takes time because of differences of federal and state) is reform their tax code what is effecient for the Brazilian producers (and not for speculators) by keeping tarifs, so you don't become a slave. According to Eike batista in an interview he gave on CNBC here in the US, one of the favorite books for him, Dilma Rousseff and Lula is wealth of nation. the best book in the world about true capitalism (true capitalism does have a social face and cares about human capitalism) and where you will find that you need tarifs to protect yourself. It says enough.

It's a matter of time that China won't be anymore a nation of “slave wages” to keep exporting manufacturing goods. The chinese know it themself and know that other nations will or have figured that out. wait until they have their yuan backed by gold and silver, what the chinese are working on since the creation of the Pan Asian gold exchange. clock is ticking, faster and faster. Chinese people are also patience, because that is the best solution for them to be powerful.
Nov 05th, 2011 - 12:42 am - Link - Report abuse 0
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