RIO DE JANEIRO, BRAZIL - Given China's size, global growth should be affected as a whole, but the Brazilian economy is likely to be one of the most impacted, with the scenario of a poorer performance of the Asian country in the coming years.
The result showed a deceleration in relation to the 18.3% growth in the first quarter, when the annual growth rate was largely favored by the low comparison base with the pandemic-induced drop in the beginning of 2020.
According to Itaú Unibanco's economists, for each 1 percentage point drop in China's GDP, the . . .