Brazil’s place on Taiwan was established in April in a International Ministry assertion that expressed “agency assist to the One China Precept” and mentioned China was “the only real reliable authorities of the entire of China, and Taiwan being an inseparable a part of the Chinese language territory”.
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China is Brazil’s largest export market, primarily for soy and iron ore. Chinese language corporations are planning to extend their investments in Brazil, in energy transmission, oil and electrical autos, businessmen mentioned at a Brazil-China assembly with main Chinese language companies final week in Shenzhen.
Marcos Caramuru, a China watcher and former Brazilian ambassador in Beijing, mentioned he was seeing rising curiosity of Chinese language corporations in investments in electrical autos and in infrastructure in Brazil, in addition to new investments in areas the place China has been investing for some time, such because the electrical energy sector and e-commerce.
“Lula as president has helped to extend the extent of mutual confidence in Brazil-China relations,” Caramuru mentioned.
