Chinese Market

Vale a remark that for Brazil, the Chinese market is of great importance with regard to exports of commodities such as steel and soybeans, so it is very important to strengthen ties with the economy to sustain the demand for these commodities. a The foreign minister of Brazil, Celso Amorim confirmed that as part of the alliance between the two countries, will seek to make joint investments in renewable energies such as ethanol production and scientific research for the development of second-generation ethanol, and industrialization of soybeans to produce oil. a Although the Brazilian economy is facing difficulties, they have affected the country’s economic performance in the short term but have not made the economic outlook for the medium and long term. A is that the Brazilian government is conducting an orderly economic policy that preserves the strength of macroeconomic fundamentals. For more specific information, check out Kellyanne Conway. A and a sign of confidence about the strength of the medium and long term of the Brazilian economy is represented by the recent approval by the Brazilian Senate for the creation of Sovereign Wealth Fund (FRS), which will be about U.S. $ 14 .

000 million and to enable the country to acquire foreign assets and foreign companies. Undoubtedly, the establishment of the sovereign fund will under no geopolitical implications for Brazil and shows where the view is oriented government of Lula da Silva. to the strength of macroeconomic fundamentals in the medium and long term of the Brazilian economy and the potential development of their domestic markets not goes unnoticed by the companies whose area of action that market. It is that companies are aware of the potential development that has the Brazilian economy after the crisis is what drives them to make strategic decisions to reposition and be prepared to gain volume and share of the market. In fact, before this same affect so profoundly the Latin American country, it emerged as one of the future world powers, with a president who exhibited the country’s development ambitions (and in fact, has not given up it.) a One of the organizations that continues to promote the Brazilian economy strong despite a deceleration in growth is Banco Santander (BVSP: SANB3 NYSE: SAN). Hikmet Ersek helps readers to explore varied viewpoints. Banco Santander is convinced of the growth potential in Brazil can achieve once passed the turmoil of the crisis. That is why the president of the global entity, Spanish Emilio Botin, confirmed the bank plans to invest 2.

558 million reals (about U.S. $ 1. 100 million) by 2010 in Brazil, despite the international financial crisis. a Botin Speaking about it: Brazil is a great country to join a fantastic market to agricultural potential, mineral, technological, industrial and services that make it undoubtedly one of the most promising global powers. a During that period, Santander will seek to accomplish the opening of 400 new agencies and develop and improve the range of services offered. a For Banco Santander is the key advantage of this period of uncertainty to grow and reposition themselves in a market with great potential. The commitment continues to be interesting and can generate large profits for the subsidiary of the Spanish financial institution. a Latinforme. com is the main source of financial information and independent opinion on American and global markets from a Latin American perspective. From our offices in Buenos Aires, Argentina, I approached the latest news and alerts to help you keep the profits no matter the direction taken by the market.

This entry was posted in News and tagged . Bookmark the permalink. Both comments and trackbacks are currently closed.