Tag: Brazil

• Saturday, April 16th 2011 - 00:09 UTC

  China’s trade with BRICS associates surged 45.8% in the first quarter

  

  China's top customs authority announced Friday that trade with the other four BRICS nations surged by 45.8% to reach 59.9 billion US dollars in the first quarter of this year.

• Thursday, April 14th 2011 - 05:24 UTC

  President Rousseff invites Foxconn to develop Brazil’s electronics industry

  

  Foxconn in planning to invest as much as 12bn US dollars in Brazil, according to President Dilma Rousseff currently on an official visit to China. Taiwan-based Foxconn operates the majority of its factories in China, producing goods for firms like Apple, Hewlett Packard and Dell.

• Wednesday, April 13th 2011 - 05:37 UTC

  Tail section of Air France plane located on the Atlantic bed 4 km down

  

  The tail section of an Air France plane which crashed over the Atlantic in 2009 has been found on the ocean floor, relatives of those killed have said. Investigators had told them the section was “relatively intact”, they added.

• Wednesday, April 13th 2011 - 04:30 UTC

  China and Brazil agree to further expand their strategic partnership

  

  China and Brazil on Tuesday clinched a host of government agreements and economic deals in Beijing to enhance their strategic partnership as Brazilian President Dilma Rousseff paid her first state visit to China.

• Tuesday, April 12th 2011 - 16:34 UTC

  China opens to Brazilian pork and meat distribution hubs in six main cities

  

  China opened its market to Brazilian pork and Brazil’s meat packer Marfrig said it would invest heavily in distribution centres in China. The announcements were made in Beijing where a numerous government and private sector delegation headed by Brazilian president Dilma Rousseff is on an official visit to China.

• Tuesday, April 12th 2011 - 04:11 UTC

  Argentina poised to grow 6% in 2011, but highly exposed to Brazil dependency

  

  Strong demand in Brazil and Latin America has created the conditions for a stronger-than-expected economic rebound in Argentina, an IMF official said on Monday.

• Monday, April 11th 2011 - 21:09 UTC

  Brazil aware its relation with China raises the risk of “Dutch Disease”

  

  President Rousseff arrived in Beijing Monday to begin a state visit to China that will incorporate Thursday’s summit of BRIC leaders. However Ms Rousseff’s trip to China is symbolically important since it is her first overseas visit outside Latin America and underlines the growing importance of the Brazil/China relationship, points out Capital Economics.

• Monday, April 11th 2011 - 19:49 UTC

  China plans to invest 10 billion USD in soy production and processing in Brazil

  

  China plans to invest ten billion US dollars in the production, storage and transport of soybeans in Brazil to ensure the supply of the commodity of which it is the world’s main importer, according to press reports in Beijing.

• Monday, April 11th 2011 - 06:22 UTC

  Mercosur costs and growing domestic demand limit beef export volumes

  

  With stronger local currencies Mercosur main beef exporters, Brazil and Uruguay are finding it more profitable to supply their domestic markets than exporting, in spite of growing international demand.

• Monday, April 11th 2011 - 05:24 UTC

  Protestors force Petrobras to suspend off shore seismic surveying in New Zealand

  

  Brazilian oil giant Petrobras suspended an offshore survey Sunday in New Zealand after several environmental activists jumped into the water to block the passage of the ship conducting the study, reports the NZ press.