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Laying a Foundation with China

Brazil, the "b" in BRIC - which stands for Brazil, Russia, India and China, four countries deemed to be in a similar stage of economic development - has managed to maintain a healthy economy despite the recession, thanks in large part to foreign exports. As international business relationships continue to blossom in Brazil, fellow BRIC country China has emerged as a prominent trade partner.

In 2009, China was the largest importer of Brazilian goods, spending US$19.9 billion. Driving the trade partnership was China's need for agribusiness exports - a sector in which Brazil thrives.

Kayleigh Roberts

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