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The Deepening China--Brazil Economic Relationship -super-1

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  • John Whalley
  • Dana Medianu

Abstract

We document key features of the deepening economic relationship between Brazil and China. These include sharply increased bilateral trade and foreign direct investment flows and also enhanced cohesion of negotiating positions in international fora. Data presented show bilateral trade between Brazil and China surging after 2001 and China is now Brazil's largest export market whereas Brazil's export share to the USA has halved over this period. The number of bilateral cooperation agreements between the two countries has also significantly increased in recent years. Projections of future trade flows using current growth rates suggest that China will soon become the dominant trade partner for Brazil. (JEL codes: F10, F13, F14, F20, F21, F42) Copyright The Author 2012. Published by Oxford University Press on behalf of Ifo Institute, Munich. All rights reserved. For permissions, please email: journals.permissions@oup.com, Oxford University Press.

Suggested Citation

  • John Whalley & Dana Medianu, 2013. "The Deepening China--Brazil Economic Relationship -super-1," CESifo Economic Studies, CESifo Group, vol. 59(4), pages 707-730, December.
    • Handle: RePEc:oup:cesifo:v:59:y:2013:i:4:p:707-730
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    File URL: http://hdl.handle.net/10.1093/cesifo/ifs031
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    More about this item

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F20 - International Economics - - International Factor Movements and International Business - - - General
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission

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