Celio Hiratuka is an associate professor at the State University of Campinas. He holds a bachelor’s degree in economics from Júlio de Mesquita Filho State University of São Paulo and a master’s degree and PhD in economics from the University of Campinas. His research work mainly focuses on international economics, industrial economics, and the relationship between innovation and economic development. He is currently the Brazil China Study Group coordinator at the State University of Campinas
China is Brazil's largest and most important trading partner. Celio Hiratuka explains how the Brazil-China trade relationship is evolving and how the Chinese automaker BYD is just one example of how Brazil is getting more out of its largest economic partner.
Some Chinese firms have sought to localize to meet Brazil’s stringent local content requirements. This has yielded mixed results. Brazil must craft a long-term strategy for its economic relationship with China to increase the odds that bilateral engagement can advance in a new and more sustainable, mutually beneficial direction.