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international newsletter number 1 July 2013
HINA FINANCE
China FinanCe a tool to enaBle investment China Finance is a business newsletter focused in creating proximity relations between investors, institutions and business people that operate in a global market, where China has gained a prominent role. nowadays the role of China goes far beyond its internal production capacity as the economic ability of Chinese companies is allowing investors to expand into other countries and new business areas.
China and BraZil siGn aGreement China and Brazil have agreed to trade the equivalent of up to $30 billion per year in their own currencies. the agreement will take almost half of their trade exchanges out of the us dollar zone. the agreement is due to last three years and is called a bilateral currency swap accord. China is the largest economy within the emerging powers group, which also includes russia, india and south africa.
Bearing this movement in mind this publication is aimed at the african and latin american countries that present an enormous economic growth potential. the purpose is to provide useful background information to investors, in order to promote collaboration at all levels.
the deal was signed by Chinese Finance minister lou Jiwei, and the brazilian economy minister Guido mantega described the deal as «a sort of umbrella agreement», and «Brazil hopes to promote such arrangements with other countries». the leaders underlined the importance that bilateral investment flows contribute to the aggregation of value in the production chains of the recipient country.
with four editions per year China Finance newsletter will approach, in a credible and succinct manner, a variety of issues that will provide useful facts and information to investors allowing them to evaluate the business potential.
they reiterated their promise to resolve trade questions through consultation and friendly dialogue through established institutional channels and condemned any recourse to trade protectionist measures. Brazilian officials have said they hope to have the trade and currency deal operating in the second half of 2013.
the main objective is to bring forth some highlights about the economic context, background information, facts and numbers and all kind of business related information. through the provided data businessmen will more easily get acquainted with a diversity of potential markets and investment opportunities.
trade between China and Brazil totaled around $75 billion (58.3 billion €uros) in 2012. of Brazil’s $41.2 billion exports to China, iron are accounted for 34%, while soy and soy products made up 29%, and crude oil 12%. electronics, machinery and manufactured goods figured heavily in Brazil’s $34.2 billion of imports from China.
aimed at a specific cluster – the african and latin american economies – China Finance plays an important role, as a tool to enable corporate communication and promote the interaction, in a globalized world, where it is harder to find and choose specific and relevant information. pursuing this aim the recent agreement celebrated between China and Brazil will deserve special attention, with a special issue dedicated to analyze by this two rising giants of the global economy. read China Finance for the accomplishment of good business. China Finance
Brazil has taken several measures to curb cheap imports, particularly by taxing overseas goods, such as cars and motorbikes, more heavily than domestically produced items. Brazil’s vast mineral resources and agricultural products have helped fuel China’s industrial growth and feed its people while the returns have helped bring a new era of prosperity to the latin american giant.