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China is Brazil’s New Best Friend

By Clara Cavour, Contributing Reporter

RIO DE JANEIRO - Brazil has a new best friend. For the first time, China has surpassed United States as Brazil’s biggest trading partner, a role the Americans have played for the last 80 years. In April, the Ministry of Development, Industry and Trade reported the sum of China’s trade with Brazil reached US$3.2 billion, while the trade between Brazil and U.S. stayed at US$2.8 billion.

Moreover, president Luiz Inácio Lula da Silva met the colleague Hu Jintao in Beijing last week to discuss investments from Asia giant . . .

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