Analysis of brazil – china geoeconomics relations in the period 2013 – 2023

Abstract

Brazil has a Gross Domestic Product of approximately US$2.1 trillion in 2023, positioning the country as the ninth-largest economy in the world and the largest in Latin America. This result is directly related to the economic growth observed over the last decades, during which the country experienced negative growth on only three instances. Over the last fifteen years, Brazil has forged significant commercial ties with China, which has become its main partner both in imports and exports. China, being the second-largest global economy in absolute terms, continues its growth and international integration process, especially after the reforms that began in 1978. Since then, the country has maintained an average GDP growth rate of approximately 9% per year, becoming the main economic partner for numerous countries and economic blocs. In this context, this paper seeks to analyze the evolution of Brazil's geoeconomics relations with China between the years of 2013 and 2023, this period coincides with the rise to power of Chinese President Xi Jinping. For this purpose, bibliographic and documentary research methods were employed. Among the conclusions, the asymmetry of economic dependence in this relationship, which is unfavorable to Brazil, stands out.