The US and Chinese economies are warning Brazil


Source: catholictranscript.org catholictranscript.org

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To us United States And on China , Economic indicators adopt a warning sign in Brazil. The deteriorating economy in both countries will affect the Brazilian economy. In terms of foreign trade, China and the United States are Brazil’s two major partners, and therefore the worst economy in both places is affecting the country as demand for Brazilian goods declines. China grew by almost 5% over the previous year, which is proportionally much higher, but it was the year the epidemic began. The figure is even more worrying when comparing growth between quarters. The country’s GDP grew by 0.2% in...