New trends for the Asian country’s growth and polarization with the United States stir changes in the global supply chain. Nations in Southeast Asia and even Brazil can benefit, but a strategy is needed.
Browsing: China
According to the preliminary schedule, the president is expected to have appointments on April 15, returning to Brazil on the morning of April 16.
Arab Brazilian Chamber of Commerce secretary-general & CEO Tamer Mansour is part of the group accompanying the Brazilian federal government delegation on a trip to China headed by the minister of Agriculture. President Lula canceled his participation due to health issues. The schedule in the UAE was withdrawn.
Beef imports from Brazil to China had been suspended since February after an isolated and atypical case of BSE (mad cow disease). Minister Carlos Fávaro, who is in Beijing, announced the embargo lift.
The country has invested in planting the crop conjoined with soybean. With estimates for a record harvest, specialists believe Brazilian producers will keep the buyers won over the last two years.
The conference ended this Monday (19) in Canada with a deal signed between 190 states. The text includes important targets for halting biodiversity loss worldwide and resolutions concerning funding and monitoring.
The Chinese market has returned to buy Brazilian beef this Wednesday (15), after a suspension for about three months due to unusual cases of mad cow disease.
Egyptian pomegranate exports surpassed 100,000 tonnes a year, and the minister of Agriculture announced China approved the product’s entry into its market.
The Chinese immunizer is produced in Brazil by the Butantan Institute in São Paulo and may be included in the Covax facility. Now, the two vaccines produced in the country are approved by WHO.
The Coincident Global Barometer from Fundação Getulio Vargas’ Brazilian Institute of Economics (Ibre/FGV) was up 4.5 points in March, primarily as a result of vaccination in Asia, the Pacific and Africa.
Foreign sales from Brazil went up in volume and revenue in February from January. Industry association Abicalçados expects year-on-year sales to start going up by May.
The commodity’s prices started increasing in 2020 and are expected to stay high this year. Increased demand from China and Vale’s reduced output are some of the reasons.
Year to date through November, Brazil exported 1.8 million tonnes. China stepped up its purchases, while the second biggest importer Egypt stepped them down.
Foreign sales of agriculture and livestock products from Brazil fetched USD 10 billion last month, fueled by sales of soy to China.