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The Deepening China Brazil Economic Relationship

Author

Listed:
  • John Whalley
  • Dana Medianu

Abstract

We document key features of the deepening economic relationship between Brazil and China. This is evident from sharply increased bilateral trade and foreign direct investment flows and also from 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 while Brazil’s export share to the US has halved. 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 become the dominant trade partner for Brazil surprisingly soon.

Suggested Citation

  • John Whalley & Dana Medianu, 2010. "The Deepening China Brazil Economic Relationship," CESifo Working Paper Series 3289, CESifo Group Munich.
  • Handle: RePEc:ces:ceswps:_3289
    as

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    File URL: http://www.cesifo-group.de/DocDL/cesifo1_wp3289.pdf
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    References listed on IDEAS

    as
    1. Agata Antkiewicz & John Whalley, 2006. "BRICSAM and the non–WTO," The Review of International Organizations, Springer, vol. 1(3), pages 237-261, September.
    2. WHALLEY, John & XIN, Xian, 2010. "China's FDI and non-FDI economies and the sustainability of future high Chinese growth," China Economic Review, Elsevier, vol. 21(1), pages 123-135, March.
    3. John Whalley, 2006. "China in the World Trading System," CESifo Economic Studies, CESifo, vol. 52(2), pages 215-245, June.
    4. Barry Naughton, 2007. "The Chinese Economy: Transitions and Growth," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262640643, January.
    5. Jorge Chami Batista, 2008. "Competition between Brazil and other exporting countries in the US import market: a new extension of constant-market-shares analysis," Applied Economics, Taylor & Francis Journals, vol. 40(19), pages 2477-2487.
    6. John Whalley & Sean Walsh, 2008. "Bringing the Copenhagen Global Climate Change Negotiations to Conclusion," CESifo Working Paper Series 2458, CESifo Group Munich.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    economic relationship; trade; policy; China; Brazil; deepening;

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F19 - International Economics - - Trade - - - Other

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