China's Natural Resource Appetite in Brazil
Authors
Burgos Cáceres, Sigfrido
Ear, Sophal
Subjects
Brazil
China
Resources
Oil
International relations
China
Resources
Oil
International relations
Advisors
Date of Issue
2011
Date
Publisher
Latin American Studies Association of Korea
Language
Abstract
This essay deals with the many connections between Brazil and China, as it examines the fundamental drivers of this accretive friendship. Brazil, like China, is a rapidly growing economic giant with a large resource base. Brazil has experienced an average growth of 7 per cent and China of 10 per cent. These growth rates require large amounts of energy sources, natural resources and raw materials. Both countries are positioned to benefit from increased rapprochement: China needs Brazil to supplement its rising commodities needs, and Brazil needs China to finance its industrial and manufacturing investments. Today, China is Brazil’s leading trade partner, replacing the United States and emerging as a viable ally at a time of waning hegemonic control. As large oil deposits lie 150 miles off the Brazilian coast, China is attentive to Brazil’s wishes, as well as to its desires to rightly develop the trillion dollar oil boom that is currently taking place.
Type
Article
Description
Series/Report No
Department
National Security Affairs
Organization
Naval Postgraduate School (U.S.)
Identifiers
NPS Report Number
Sponsors
Funder
Format
22 p.
Citation
Burgos, Sigfrido and Sophal Ear (2011) “China’s Natural Resource Appetite in Brazil”, Asian Journal of Latin American Studies (2011) Vol. 24 No. 2: 69-89
Distribution Statement
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.