Lower Chinese growth weighs more on Brazil, says Bank for International Settlements

According to the institution's estimate, a decline of 1 percentage point in China's GDP is associated with a drop of about 0.7 p.p. in Brazil's growth after one year.

By
Rocco Caldero
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RIO DE JANEIRO, BRAZIL - The Bank for International Settlements (BIS), a kind of central bank for central banks, points to Brazil as one of the emerging countries most vulnerable to the slowdown in China's growth in its annual report published on Sunday, June 26.

According to BIS estimates, a . . .

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