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Brazil, China meet to discuss trade

 China�s Vice Premier Wang Qishan, left, reads from a prepared statement during a joint news conference with Brazil�s Vice President Michel Temer, rig...
 China�s Vice Premier Wang Qishan, left, and Brazil�s Vice President Michel Temer greet at the start of their joint news conference at the Itamaraty P...

Brazil China

China�s Vice Premier Wang Qishan, left, reads from a prepared statement during a joint news conference with Brazil�s Vice President Michel Temer, rig...

Brazil China

China�s Vice Premier Wang Qishan, left, and Brazil�s Vice President Michel Temer greet at the start of their joint news conference at the Itamaraty P...

Brazilian and Chinese leaders met in the South American country's capital for high-level talks focused on trade between the two emerging powers.
Brazilian Vice president Michel Temer told reporters in an opening speech Monday in Brasilia that he was concerned about the increase in imports of Chinese manufactured goods. Brazil's exports to the Asian country are mainly soy, petroleum and iron ore, all of which have little added value.
Chinese Vice-Premier Wang Qishan assured Brazilian officials that China intends to significantly increase its imports of manufactured goods from Brazil.
China is Brazil's largest trading partner, and its largest foreign investor. In 2011, trade between the two countries totaled $77 billion. Brazil had a trade surplus of $11.5 billion.


Updated : 2021-10-16 19:42 GMT+08:00