Brazil has asked China to allow more of its manufactured goods in to the Chinese market as it seeks to tap into the country\'s growing economy. The call comes as Brazil\'s trade surplus with China has been rising, hitting $11.5bn (£7bn) last year. Brazil has also asked China to reduce its exports amid concerns that the influx of low-cost Chinese goods was hurting its manufacturing sector. China is Brazil\'s biggest trading partner. These issues were discussed during Chinese Vice Premier Wang Qishan\'s visit to Brasilia. \'Manufactured goods\' Brazil\'s exports to China are currently dominated by commodities and natural resources such as iron ore. However, the country\'s manufacturers are now looking to increase their shipments to China in a bid to take a share of one of the fastest growing economies and consumer markets in the world. Earlier this year, Brazilian plane maker Embraer appointed actor Jackie Chan as its brand ambassador in a bid to boost sales of private jets in the Chinese market. The firm has already received orders from one of China\'s leading aircraft leasing firms for 13 new jets. \"We are discussing some issues of concern to Brazilian industry, such as Brazilian exports of manufactured goods to China,\" Brazilian Vice President Michel Temer was quoted as saying by the AFP news agency. Mr Temer said he had also asked Beijing for a \"voluntary\" reduction of Chinese exports to Brazil amid fears of their impact on the local manufacturing industry.
GMT 11:59 2017 Sunday ,31 December
China temporarily waives taxes to get foreign firms to stayGMT 09:13 2017 Wednesday ,27 December
Israel to halt trade in cryptocurrency-based firmsGMT 10:43 2017 Thursday ,21 December
American Ambassador David Hale meets trade leadersGMT 10:41 2017 Thursday ,21 December
China Pakistan Economic Corridor speedily turning into reality: Ahsan IqbalGMT 10:40 2017 Thursday ,21 December
Eni and Shell to stand trial in Italy over Nigeria kickback scandalGMT 11:48 2017 Tuesday ,19 December
Japan raids firms over alleged maglev bid-riggingGMT 05:36 2017 Monday ,18 December
UBS boss says bitcoins 'not money', urges regulators to actGMT 06:29 2017 Sunday ,17 December
Britain, China speed up bid to link stock marketsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©