More than a quarter of business leaders traveling to China with President Luiz Inacio Lula da Silva next week come from Brazil's booming meat industry, highlighting the high stakes for a sector reliant on Chinese demand for most of its exports.
Lula departs for China this weekend, but many executives and lobby groups have traveled ahead of the president, government officials said.
Embraer said it was optimistic about Sino-Brazil strategic partnerships and prospects for more trade in high-value aerospace products. Two major beef industry groups, Abiec and Abrafrigo, are sending representatives, hoping they can convince China to lift a beef export ban enforced on Feb. 23 after a case of"Tomorrow marks one month since the embargo," said João Figueiredo, an analyst at Datagro Pecuaria. "The expectation is positive for the reopening to take place in the next few days, and potentially during the mission.
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