Warm current of trade in cold winter of crisis

Economic and trade ties between China and Brazil have got a big boost in this year's first four months despite a recession in the world's economy.

As two emerging economies, China and Brazil have different degrees of foreign trade dependence for their economic development, with the ratio of foreign trade to the gross domestic product being 66 percent and 20 percent respectively in the two countries.

Nevertheless, the ongoing global financial crisis has inflicted enormous pressures on the exports and imports of both countries. According to the General Administration of Customs statistics, the total volume of China's import and export in the first four months was $599.4 billion, a 24.3 percent decrease from a year earlier. Among the trade value, export was $337.4 billion and import $261.986 billion, down 20.5 percent and 28.7 percent respectively from the same period last year.