More Brazilian Industries Join the Ban-Chinese-Goods Bandwagon

The announcement last week by Brazil’s textile industry that it will seek safeguards against Chinese imports has been followed by more announcements from other industrial sectors.

Manufacturers of frames for glasses and hair brushes say they need protection and will file for safeguards this week.

Spokesmen for the frames for glasses industry say Brazilian companies have gone from 100% of the market in 1990, to 7% today.

As for hair brushes, the situation is similar. The number of firms making them has fallen from 20 to 2, and the Chinese have taken over 60% of the market.

Meanwhile...

In August industrial production rose in 11 out of the 14 areas surveyed by the government statistical bureau (IBGE, Instituto Brasileiro de Geografia e Estatí­stica).

The best results were in the states of Amazonas and Bahia, up 10.4%. Goiás had industrial growth of 5%, São Paulo was up 4.8%, Minas Gerais up 4.7% and Pernambuco, 4.4%.

Manufactured goods, especially durable goods, and the export sector, turned in strong performances, which gave the industrial sector a boost.

ABr

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