Brazil and china relationship

China-Brazil Strategic Partnership: Demystifying the Relationship | The BRICS Post

brazil and china relationship

Established in , diplomatic relations between Brazil and China have intensely evolved, assuming increasing complexity. The recent chronology of relations. Brazil swoops on US soybean as China trade war punctures prices Jair Bolsonaro could bring uncertainty to his country's relations with China. Before , Chinese funds flowing into Brazil were primarily focused on. As it assumes the BRICS presidency in , China's strategic partnership with Brazil – its fellow member in the bloc – comes into focus.

People’s Republic of China

China wants to promote its image as a responsible stakeholder by investing in and offering assistance to fellow developing nations, as well as raising issues of global governance at various multilateral platforms. In fact, with the support of several Latin American nations, including Brazil, China has secured an observer status in the Organization of American States and membership in the Inter-American Development Bank.

In short, Brazil has become increasingly important for China due to its political and economic features; namely, the fact that it is an agricultural powerhouse, possesses enormous resource endowments, constitutes a sizeable domestic market and — most importantly — enjoys significant regional influence. Stressing multilateralism Essentially, the Sino-Brazil strategic partnership is based on their shared identity of being key developing states, and leading regional players with sizeable geographical magnitude, abundant natural resources and the quest to attain great power status.

Despite several contentions — such as China failing to promote Brazil as a member of UNSC — in their bilateral relationship, China and Brazil have shared interests in terms of promoting their respective economic and political ascensions as well as addressing the issue of global governance reform.

In fact, both these developing nations seek to refurbish the existing global order into one characterized by multi-polarity. The dynamic of building strategic partnerships has been a prominent element in Chinese diplomacy. However, in the post-Cold War liberal order the meaning of strategic partnership has undergone a clear shift from merely upgrading economic and military cooperation to a partnership that has imperative global implications.

Both these countries have on several occasions converged on identical decisions to promote the interest of developing nations as well as to tender support to each other at various multilateral platforms. Brazil has repeatedly endorsed the One China policy, supported Beijing on the question of Tibet and has asserted its denial to recognize the Dalai Lama as a political representative.

Further, both China and Brazil have boosted their strategic collaboration on important international issues and in dealing with global challenges such as climate change, the international financial crisis, and to uphold the interest of developing nations.

They have also made an endeavour to set up regular mechanisms of exchanges in the fields of science and technology, energy, space, economy, and trade. Despite the projection of Sino-Brazil ties as a model of South-South partnership, in practical terms unlike the official rhetoric, the relationship follows a North-South pattern. However, the trend of bilateral trade has remained an issue of great anxiety for Brazilian officials.

In almost 45 years of friendly relations these principles have served as a solid foundation for continuous exchange. This historical legacy of this relationship is by and large positive, and this was built with effort and much care.

For this reason, even when we look and see some turbulence and noise, we must be mindful of this long legacy.

brazil and china relationship

The solidity of these relations is not seating on the passing numbers of our trade balance, in the buying and selling of commodities, or in the voluptuous and needed foreign investment. Put in another way, the importance of the relations between China and Brazil did not come about with our current commercial numbers. The strength of this relationship resides — since its genesis — in its carefully constructed principles.

Brazil–China relations

These paved the way for such robust economic relations in our times. Those principles are the ones that must prevail in this new phase when Brazil is governed by Jair Bolsonaro, and China by Xi Jinping. However, the uneasiness raised by investors and fellow colleagues is comprehensible. These are legitimate and were evoked mostly because of a visit of the then congressman Bolsonaro to Taipei in February It is important to understand that this is unexceptional behaviour in Brazilian political culture.

With its own economy slowing, China cannot afford to become embroiled in another costly trade war like that which has erupted between Beijing and Washington.

brazil and china relationship

China is eager to bankroll railway, port and other infrastructure projects here to speed the movement of its Brazilian grain. But the far-right Bolsonaro, much like U.

brazil and china relationship

President Donald Trump, has criticized China repeatedly on the campaign trail, saying the Chinese should not be allowed to own Brazilian land or control key industries.

An ardent nationalist, Bolsonaro is expected to win a landslide victory in balloting this Sunday.

Bolsonaro's anti-China rants have Beijing nervous about Brazil | Reuters

Niobium is used as an additive to steel to make it stronger and lighter. It is used in cars, buildings, jet engines and a host of other applications. Bolsonaro is also on record opposing a planned privatization of some assets of state-owned utility Centrais Eletricas Brasileiras SA Eletrobras on concerns that Chinese buyers would win the bid. Officials at China Molybdenum declined requests for comment.