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Sailing Against the Tide: China’s Countercyclical Lending in Times of Brazilian Internal Crisis

In: China, Brazil and Petroleum

Author

Listed:
  • Pedro Henrique Batista Barbosa

    (Renmin University of China)

Abstract

Like the others, the financial pillarpillar of the Sino-BrazilianBrazilBrazilian oiloil relationship has evolved rapidly in recent years. Once again, as in the commercial relationship, converging interests, strategies, and market dynamics have helped to bring the two sides close together. On the one hand, ChinaChina and its financial institutions had the monetary capacity to financefinance oil companies around the world and, at the same time, to drive the internationalizationinternationalization of their companies and to guarantee stable oil flows to the country. Brazil was one of the targets.

Suggested Citation

  • Pedro Henrique Batista Barbosa, 2024. "Sailing Against the Tide: China’s Countercyclical Lending in Times of Brazilian Internal Crisis," Springer Books, in: China, Brazil and Petroleum, chapter 0, pages 89-100, Springer.
    • Handle: RePEc:spr:sprchp:978-981-97-5874-6_6
    DOI: 10.1007/978-981-97-5874-6_6
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