Previous rankings and editorial:
[2011]
The role of Macau SAR in relations between China and Portuguese-speaking countries
Frederico Rato and Pedro Cortés
Rato Ling Vong Lei & Cortés
Macau
Frederico Rato (Bio)
Pedro Cortés (Bio)
With the economic growth of many Portuguese-speaking countries (PSC) (particularly Brazil and Angola), China has sought to establish and strengthen its trade relations with these countries. Enjoying an average annual growth of 10% over the past 30 years, one of the key challenges China faces is to ensure not only the marketing of its products, but mainly the import of raw materials to foster its economy. That is why the partnership with PSC is of particular importance: they have natural resources essential for China's economy. Between January and August 2010 trade between China and PSC increased 60.52% to $58,570 million, compared to the same period in 2009. China sold goods worth $18.59 billion in that period to the eight PSC, having purchased from those same countries products worth $39.98 billion, reflecting an increase of 70.83% in exports and 56.14% in imports. In this respect, Brazil (with a volume of trade of $38.69 million) and Angola (with a trade volume of $17.27 billion) are the two privileged partners of China, which in 2009 became the main trading partner of Brazil, surpassing the United States.
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