Brazil

China Pinched by Declining Oil Production in Angola

According to a recent piece published in the Financial Times, oil production in Angola has struggled to keep up pace, dropping to 1.65 million barrels per day, down from 1.85m b/d in 2010.  Although the African nation makes up only 2% of global oil production, back in 2008 Angola became the largest supplier of crude [...]

Protectionism Returns to Latin America

There’s an interesting post over on GlobalPost regarding a report released by the European Commission that finds an increase in protectionism and trade restrictions in both Brazil and Argentina.  As though there weren’t already enough to fight about during the upcoming G20 Summit. Emerging economies including Argentina and Brazil are constructing barriers to international trade, [...]

Back to the Future for Brazil in Chinese Investment Boom

This year, China overtook the United States to become Brazil’s largest investor. In the first six months of 2010, FDI flows reached an estimated $10 billion, up from literally $83 million in the same period last year. The surge to many is hardly surprising given that China became Brazil’s largest trade partner in 2008. But [...]

China Growth Model Poses a Big Problem

This is quite an interesting little comment buried down in a Financial Times article today, about how the Chinese authorities are raising a lot of international concerns (including inside Brazil, the other titan of the BRIC grouping) by artificially keeping their currency undervalued and failing to allow for the development of what could become one [...]