2min chapter

The Intelligence from The Economist cover image

Rio brand: why Brazil is courting China

The Intelligence from The Economist

CHAPTER

Shifting Trade Dynamics: Brazil and China's New Currency Agreement

This chapter explores the burgeoning partnership between Brazil and China, focusing on their agreement to trade using local currencies to minimize dependency on the U.S. dollar. It delves into the potential ramifications of this cooperation on global trade dynamics and the emergence of a multipolar world order.

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