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China Just Took Over the World and You Didn’t Even Realize It
“What Brazil wants to propose to China is that we need to build a hundred things,” President Luiz Inácio Lula da Silva said as he arrived in China some two weeks ago. As Brazil’s Finance Minister Fernando Haddad put it, the goal is to “reindustrialize Brazil in partnership with Chinese capital.” Chinese activity in the region is changing. The narrow focus on gaining access to South America’s vast natural resources, which guided its investments during the first decade and a half of the century, has broadened into a portfolio that includes ventures in renewable energy generation, telecommunications, power distribution and even ride-sharing. The US national security apparatus is definitely getting antsy.
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China Takes Over 0:00
New Developments 6:58
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#economy #trader #investing #usa #china
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