section_path: Economic impact by continent, region and country/South America/Brazil
section_name: Brazil
paragraph_text: Brazil
  
  Two Brazilian banks predicted the deceleration of economic growth in China. UBS has reviewed its estimations from 6% to 5.9%, while Itaú stated a reduction to 5.8%.
  
  A representative of some of the bigger Brazilian companies of the electronics sector, Eletros, stated that the current stock for the supply of components is enough for around 10 to 15 days.
  
  The prices of soybeans, oil, and iron ore have been falling. These three goods represent 30%, 24% and 21% of the Brazilian exports to China, respectively.