The Deepening China Brazil Economic Relationship

28 Pages Posted: 12 Jan 2011

See all articles by John Whalley

John Whalley

University of Western Ontario - Department of Economics; National Bureau of Economic Research (NBER); CESifo (Center for Economic Studies and Ifo Institute); Centre for International Governance and Innovation (CIGI)

Dana Medianu

University of Western Ontario

Date Written: December 30, 2010

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.

Keywords: economic relationship, trade, policy, China, Brazil, deepening

JEL Classification: F10, F13, F19

Suggested Citation

Whalley, John and Medianu, Dana, The Deepening China Brazil Economic Relationship (December 30, 2010). CESifo Working Paper Series No. 3289. Available at SSRN: https://ssrn.com/abstract=1738163

John Whalley (Contact Author)

University of Western Ontario - Department of Economics ( email )

London, Ontario N6A 5B8
Canada
519-661-3509, ext. 83509 (Phone)
519-661-3666 (Fax)

HOME PAGE: http://www.ssc.uwo.ca/economics/faculty/

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5
Munich, DE-81679
Germany

HOME PAGE: http://www.CESifo.de

Centre for International Governance and Innovation (CIGI) ( email )

57 Erb Street West
Waterloo, Ontario N2L 6C2
Canada

Dana Medianu

University of Western Ontario ( email )

1151 Richmond Street
Suite 2
London, Ontario N6A 5B8
Canada

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