- China is Brazil’s largest trading partner
- Chinese President Xi Jinping promoted trade relations at China International Import Expo on November 5-10
- eCommerce platforms like Pacific Software’s Agri-Blockchain expected to boost trade
Trade between Brazil and China, the largest countries in South America and Asia, looks set to increase further after the recently concluded import fair put on by the Chinese authorities. The gravity of the trade initiative was marked by the presence of President Xi Jinping, who gave the opening address to the exhibitors gathered at the National Convention & Exhibition Center in Shanghai, China. The China International Import Expo (CIIE) ran for six days, November 5-10, in China’s largest city. The official word is that Brazilian exporters will have better access to Chinese markets through platforms like Alibaba.com and Tmall.com, highlighting the importance of such technologies. Given its capability to provide a highly effective trust mechanism that can track complex transactions using cryptographically secure Hyperledger Blockchain technology, the proprietary e-commerce trade platform under development by Pacific Software, Inc. (OTC: PFSF) could also play a role in boosting trade between the Asian and Latin American giants.
Many barriers separate Brazil from China. The metaphorical crow must cross two continents – Africa and Europe – if it embarks on a flight path from Brazilia to Beijing. With a time difference of…
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