Brazil intends to restrict imports of 240,000 products such as Chinese footwear textiles

According to Argentina’s “Financial Circle” report, due to the impact of products imported from Asian countries, especially China, and in order to protect its domestic industry, the Brazilian government plans to begin to impose further restrictions on imports of products from Asian countries such as China from the second quarter of this year. Strict quality control. According to industry estimates, the above measures may involve about 240,000 products such as footwear, textiles, and automobiles.

It is reported that China replaced the United States as Brazil’s largest trading partner in 2009. China’s bilateral trade volume reached 77 billion U.S. dollars in 2011, and China’s trade surplus reached 11.5 billion U.S. dollars. At the same time, China has also become Brazil's largest source of investment.