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China is Brazil's main trading partner and the South American country is looking to diversify that trade exchange.
China has said it will target high quality growth, with the service sector and high-tech industries gaining strength.
China is Russia's top trading partner, with bilateral trade reaching .5 billion last year, a year-on-year increase of 2.2 percent, according to the Ministry of Commerce.
China is confident in its ability to minimize the impact on its economy by the novel coronavirus epidemic, said a senior government official.
China is about 10 percent of the group. We strongly believe there is a clear potential to double the market. Now, we have only been in China for 10 years. With double-digit growth each year, we are also planning double-digit growth for the five years to come. So, there's a huge potential in China if you know how to activate that market through digital retail experience. Product innovation, marketing localization, and omnichannel strategies will be the key for success. We're really excited about it.