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Brazil seeks more access to China to balance trade

Brazil has asked China to allow more of its manufactured goods in to the Chinese market as it seeks to tap into the country’s growing economy. The call comes as Brazil’s trade surplus with China has been rising, hitting $11.5bn (£7bn) last year. Brazil has also asked China to reduce... [more]

Canada welcomes China’s investment in oil

Canada is assuring Chinese officials that the nation is welcome to expand investments in Canada’s oil industry BEIJING — Canadian Natural Resource Minister Joe Oliver, who is accompanying Prime Minister Stephen Harper on a four-day visit to China, said he’s assuring Chinese officials that the nation is welcome to expand... [more]

Santander Cuts Brazil 2012 Inflation Forecast To 5%

SAO PAULO –  Banco Santander (BSBR) reduced its forecast for Brazil’s inflation rate this year to 5%, from 5.5% previously, as it expects the rise in regulated prices to slow, the bank said Monday. “This downward revision is being driven mostly by regulated prices, for which we expect a 2.6% advance... [more]

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