The Deepening China--Brazil Economic Relationship<xref ref-type="fn" rid="ifs031-FN1">-super-1

We document key features of the deepening economic relationship between Brazil and China. These include sharply increased bilateral trade and foreign direct investment flows and also enhanced cohesion of negotiating positions in international fora. Data presented show bilateral trade between Brazil and China surging after 2001 and China is now Brazil's largest export market whereas Brazil's export share to the USA has halved over this period. The number of bilateral cooperation agreements between the two countries has also significantly increased in recent years. Projections of future trade flows using current growth rates suggest that China will soon become the dominant trade partner for Brazil. (JEL codes: F10, F13, F14, F20, F21, F42) Copyright The Author 2012. Published by Oxford University Press on behalf of Ifo Institute, Munich. All rights reserved. For permissions, please email: journals.permissions@oup.com, Oxford University Press.