China discovers Brazil

China’s ties with Brazil are becoming more and more close. It is not restricted to food import and the acquisition of land, but also to invest substantially in agribusiness. Last year 30% of Brazil’s agribusiness was exported to China. It is the biggest importer of Brazilian soy, but also the import of Brazilian meat is growing rapidly. This year it is the second largest importer of beef and poultry meat and the third largest importer of pork. Although soy accounts for the bulk, the export