Brazilian Ambassador to China: Sino-Pakistani trade balance adjustment will promote bilateral cooperation

November 6 Morning News, in the financial year will "new trends in Investment and trade" forum, Brazilian ambassador to China Hugne in his speech, said that China-Pakistan trade prospects are good, the adjustment of the balance of trade will promote all-round cooperation between the two countries.　　Hugne said the developing countries were doing well in coping with the global financial crisis, and the new economic situation needed new mechanisms to help developing countries cope with the new problems they faced. He believes that China has been actively involved in the development of WTO rules and has contributed to world trade. But he says trade is supposed to be a "two-way street", but there is a balance between China and Pakistan: Brazil is mainly exporting its resources and China is involved in many Brazilian industries.　　He said the two countries should adjust trade balance, strengthen cooperation and put forward positive countermeasures. China is now Brazil's largest trading partner, and Brazil is China's 10th-largest trade target. Brazil's economic growth forecast for this year is 7.5%. Hugne that with the deepening of south–south cooperation and the increase of direct investment among developing countries, Brazil will cooperate further with China to achieve a winning win to adapt to the multipolar world and the new global economic situation. (Yang Zhuo from Beijing)