Brazilian President Luiz Inacio Lula da Silva's inability to accompany a government mission to China frustrated meat industry lobbyists who had hoped his presence this week would help persuade Beijing to issue more export licenses for Brazilian companies, according to two sources, who spoke on condition of anonymity. Lula canceled his planned visit to China after being diagnosed with pneumonia.
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.
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 the bulk of its exports.
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