Caixin
Oct 31, 2018 08:15 PM
BUSINESS & TECH

How Will Brazil’s New Far-Right President Deal With China?

Jair Bolsonaro, the right-wing candidate of the Social Liberal Party who won Brazil’s presidential election, votes during runoff elections in Rio de Janeiro on Sunday. Photo: VCG
Jair Bolsonaro, the right-wing candidate of the Social Liberal Party who won Brazil’s presidential election, votes during runoff elections in Rio de Janeiro on Sunday. Photo: VCG

* The president-elect has long been an advocate of a strong state presence in strategic industries, which could spell trouble for Chinese investment

* Bolsonaro’s campaign rhetoric indicates that he might not uphold an agreement to support the multilateral global trade system, such as the one signed by the leaders of the five BRICS countries last year

(Beijing) — Jair Bolsonaro’s victory in Brazil’s presidential elections on Sunday sent political tremors across the world as the climate-change doubting, authoritarianism-admiring, self-professed “homophobe” moved from the fringe to center-stage of the world’s fourth-biggest democracy.

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