Author(s)

Raul Gouvea^1*, Shihong Li², Gautam Vora³

¹Visiting Research Fellow at UERJ, Albuquerque, NM, USA.
²Accounting, Anderson School of Management, University of New Mexico, Albuquerque, NM, USA.
³Finance, Anderson School of Management, University of New Mexico, Albuquerque, NM, USA.

This paper elaborates on the expanding role of both China and India in Latin America. More specifically, we focus on the growing relationship between Brazil with China and India to illustrate the growing economic impact of China and India on Brazil’s economy and business environment. China’s “Belt and Road Initiative” has integrated Brazil’s economy into the Chinese economy. India is following on China’s footsteps expanding its role in Brazil’s economy as well. There is a great potential for synergies between Brazil and China and India. This increasing economic integration, however, brings a number of challenges and opportunities for all three countries involved.

International Trade, Exports and Imports, BRIC Countries, Comparative Analysis, Brazil, China, India

Gouvea, R. , Li, S. and Vora, G. (2021) The Role of China and India in Brazil’s Economy. Modern Economy, 12, 1263-1285. doi: 10.4236/me.2021.128066.