Cooperation with Beijing delivers practical results instead of political conditionalities
It also helps Latin American countries advance toward a multipolar world as they no longer want to depend exclusively on traditional Western economic centers
It also helps Latin American countries advance toward a multipolar world as they no longer want to depend exclusively on traditional Western economic centers
“Chinese companies are interested in Brazil because of its large market size and relatively better development conditions,” adds Dr. John Gong, professor of economics at the University of International Business and Economics in Beijing.
“Also Brazil has high tariffs and encourages FDI for local production.”