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By the end of 2020 Brazil’s two other major exports, oil and iron ore, also seemed to be becoming ever more prominent. In 2018 Brazilian oil provided 8 per cent of Chinese imports, up from only 2 per cent in 2014. By October 2020 Brazil was on course to be the third largest exporter of oil to China (after Russia and Saudi Arabia). Chinese imports f
... See moreRichard Lapper • Beef, Bible and bullets: Brazil in the age of Bolsonaro
With this initiative, backed by the newly formed Asian Infrastructure Investment Bank, China is becoming more of “a shaper and maker of globalisation”, as stated by Martin Jacques[28]. It’s not that the Chinese want to colonize other countries. Like the Portuguese in the sixteenth century[29], China isn’t interested in conquering land and submittin
... See moreNicolas Colin • Hedge: A Greater Safety Net for the Entrepreneurial Age
Just ten or fifteen years earlier, international companies such as Procter & Gamble or Unilever had tended to see only about 20 per cent of Brazil’s population – around 40 million people – as potential customers. As class C’s purchasing power increased, so did the market and potential sales; as many as 140 million Brazilians were now consumers.
... See moreRichard Lapper • Beef, Bible and bullets: Brazil in the age of Bolsonaro
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