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Chinese investments could play a crucial role in enabling Brazil to boost its industrial capacity and diversify economy.
Lula and China’s Xi Jinping signed on Tuesday more than 30 agreements for Chinese investment in mining, transport infrastructure and ports, as well as the purchase of jets made by Embraer SA.
Brazil will establish a tax advisory office in China, the Brazilian Finance Ministry said, highlighting the strategic ...
Brazil is also the biggest destination for Chinese investment in Latin America. According to the Brazil-China Business Council, Chinese investment in Brazil since 2007 has totaled more than $73 ...
Chinese semiconductor company Longsys (301308.SZ) announced an investment of 650 million reais to expand its capacity in Brazil.
Overall, the growing ties between Brazil and China has brought Brazil’s economic independence into question. As of 2023, China bought 30 percent of Brazil’s exports, more than any other country.
At a business forum attended by Lula in Beijing on Monday, Brazil's trade and investment promotion agency said it helped attract around 27 billion reais ($4.8 billion) of Chinese investment to Brazil.
Cofco, a Chinese state food giant, is behind the project, which will become its largest port outside China. The port is part of its recent $500 million investment in Brazil.
Brazil is in talks with China to build a railway connecting the Chinese-built mega Chancay port in Peru to Brazilian regions, Planning Minister Simone Tebet said on Friday. "They are very ...
A stronger U.S.–Brazil partnership defends U.S. interests and counters rising Chinese influence in Latin America | Opinion ...