Millions of tons of annual agricultural trade is now being conducted outside the US dollar, and within the new BRICS framework.This represents a tectonic shi...
It’s likely, specially as from what I hear China was able to sell steel in Brazil cheaper than the local production too, so something likely changed/improved in China recently. It could be, at least in part, due to less internal demand, but cutting off the middlemen might have helped too.
It’s likely, specially as from what I hear China was able to sell steel in Brazil cheaper than the local production too, so something likely changed/improved in China recently. It could be, at least in part, due to less internal demand, but cutting off the middlemen might have helped too.