‘More than soybeans’: Brazil-China trade heats up amid investment surge, new opportunities
Brazilian firms eye China expansion as Chinese investments are rapidly growing in the South American nation
Amid the growing presence of Chinese firms in Brazil, Brazilian businesses are expressing hope of being able to further expand into China’s market, while also calling for enhanced bilateral efforts to overcome challenges such as logistical bottlenecks.
“China can and should be Brazil’s largest export market for every product category,” said Christian Gogola, director of Brazilian drink company Legendaria.
“But for now, more Chinese companies are entering Brazil than Brazilian firms doing business in China,” he noted, speaking to the Post at the China International Import Expo (CIIE) on Wednesday, the first day of the six-day annual trade show in Shanghai.
Gogola added that “go to China” will be the natural strategy for many Brazilian businesses, citing “great bilateral ties” between the countries.
