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BUSINESSSep 30China slaps 55% tariff on Brazilian beef, rebuffs bid to borrow Uruguay’s quotaChina will charge an extra 55 per cent tariff on Brazilian beef from Thursday after Brazil filled its import quota for the year and has not agreed to let Brazilian exporters use the unfilled quota of neighbouring Uruguay, industry sources said. The Chinese Ministry of Commerce announced the surtax on Wednesday, a day after China’s customs administration confirmed that Brazil had used all of its 1.106 million-tonne allowance for 2026, and under the rules the extra tariff applies from the third...South China Morning Post
BUSINESSSep 27China - developed pile - driving vessel heads to Brazil for landmark bridge projectA pile-driving vessel developed in China is being dispatched to Brazil for use in a major bridge construction project. This signifies international collaboration and advancements in engineering infrastructure.brazilsun.com · Brazil
BUSINESSSep 26China-based Brics bank set for lead role in hunger alliance this year, Brazil saysThe Brics-founded New Development Bank could help launch a fund by the end of the year to guarantee cheap loans for poor families in Africa and Latin America, Brazil’s social development minister said. The scheme would be the Shanghai-based lender’s first financial commitment to Brazil’s global anti-hunger alliance, an initiative sidelined by Washington’s presidency of the G20 this year. Wellington Dias told the South China Morning Post on the sidelines of the United Nations General Assembly in...South China Morning Post
BUSINESSSep 17US trade chief pressed Brazil to review Anglo American nickel sale to ChinaUS Trade Representative (USTR) Jamieson Greer asked Brazil to review the sale of Anglo American’s nickel mines to a Chinese state-controlled miner in exchange for tariff relief, two people familiar with the negotiations told the South China Morning Post. Washington made the request during talks to lift the 50 per cent tariffs US President Donald Trump imposed on Brazilian goods last year. First reported by Brazilian newspaper O Estado de S. Paulo and CNN Brazil on Thursday, the proposal would...South China Morning Post
BUSINESSSep 13BRICS Billionaire Club : Who richest in India , China , Russia , Brazil ? Net worth of Mukesh Ambani , Zhang Yiming , othersThis article explores the wealthiest individuals within BRICS nations, detailing their net worths. It provides insights into the economic power and personal fortunes within these emerging economies.livemint.com · India
BUSINESSSep 11Brazil and China must turn decarbonization into a strategy, says former ambassadorLuiz Augusto de Castro Neves proposes focusing on transforming ecological advantages into quality jobs, innovation, and competitiveness. He highlighted the strong complementarity of both countries in a green agenda.Clarín
BUSINESSSep 5China will buy less food from the world, but more from Brazil and ArgentinaThe Asian giant knows that agri-food dependency puts national security at stake. The lack of adequate land prevents it from becoming self-sufficient in the production of beef, soybeans, and corn.Clarín
BUSINESSAug 27Brazil’s rare earths will not loosen China’s magnet grip this decade, researchers sayBrazil will not be able to make rare earth magnets from its own raw materials before 2032, the coordinator of the country’s main magnet pilot plant said on Wednesday, leaving China’s near monopoly on the technology intact for years to come. Andre Luis Pimenta de Faria, who runs the plant for Senai, the research and training arm of Brazil’s national industry confederation, told a public policy panel at Exposibram, the country’s largest mining congress, that first batches could come by the end of...South China Morning Post
BUSINESSAug 5Brazil to become regular borrower in China, treasury official saysBrazil intends to sell yuan bonds in China every year rather than once, a senior Brazilian treasury official said on Wednesday, in a plan that would make the Chinese currency a permanent fixture of its external debt. The debut is expected before the end of the year and is small enough that the government is not relying on the proceeds, with external debt at four per cent of the federal stock. Francisco Segundo, deputy secretary for public debt at the National Treasury, told a webinar hosted by...South China Morning Post
BUSINESSJul 29How South Korea can ease Brazilian concerns to unlock trade in South AmericaIf South Korea wants to unlock access to South American trade, it will need to prove it is not a competitor interested only in extracting natural resources but a trustworthy partner committed to revitalising manufacturing industries, according to observers. On Monday, South Korean President Lee Jae Myung and Brazilian President Luiz Inacio Lula da Silva agreed to revive negotiations on a free-trade agreement between South Korea and Mercosur, the South American trade bloc. A joint working group...South China Morning Post
BUSINESSJul 27Brazil turns to China trade deal after Trump’s tariffs, as years of resistance endChinese President Xi Jinping and Brazilian President Luiz Inacio Lula da Silva agreed on Sunday night to accelerate negotiations for a trade agreement between China and Mercosur, a striking reversal for Brasilia, which for years led resistance to such a deal in the South American bloc. The two leaders spoke by telephone for more than an hour, according to a statement from the Brazilian presidency, and “coincided on the importance of speeding up the talks for a Mercosur-China agreement that...South China Morning Post
BUSINESSJul 20Brazil widens lead in China’s soybean market as US shipments fall despite Trump-Xi dealChina imported 12.08 million tonnes of Brazilian soybeans in June, up 13.7 per cent from a year earlier, while volumes from the United States fell 20.6 per cent to 1.27 million tonnes, far off the pace implied by the purchasing deal agreed by Presidents Donald Trump and Xi Jinping, according to figures released on Monday by China’s General Administration of Customs. Total arrivals of the oilseed reached 13.55 million tonnes, a record for the month, lifted by Brazilian supply and by the clearing...South China Morning Post
BUSINESSJul 8Trump’s tariff war pushes Brazil’s trade towards China as US share hits record lowThe US share of Brazilian exports fell to its lowest level since 1997 in the first half of 2026, while China widened its lead as the country’s top trading partner, according to the American Chamber of Commerce for Brazil, whose report landed as Washington held public hearings on a proposed new round of tariffs against Brazilian goods. American buyers took 9.4 per cent of Brazilian exports between January and June, down from 12.1 per cent a year earlier and the smallest share in the chamber’s...South China Morning Post