Brazil Growth Slowing as Lula China Policy Sows Doubts
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In 2004, Brazil’s then-President Luiz Inacio Lula da Silva and 400 executives went on a six-day trip to China. The mission was simple: Encourage companies to strengthen ties with the Asian nation to bolster growth at home.
A decade later, ties between Brazil and China have never been stronger. Growth at home is stagnant.