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Brazil
06 October 2023
China, Brazil Trade in Local Currencies for First Time
China and Brazil completed a commercial deal in their local currencies for the first time, with transactions financed and settled in renminbi (RMB) and converted directly into Brazilian reals, according to the Bank of China Brazil SA.
31 August 2023
Chinese Investments in Brazil Fell 78% in 2022
Chinese investments in Brazil fell 78 % in 2022, to USD 1.3 billion, the lowest value since 2009, according to a new report, which points the cause to delays in Government licenses.
02 May 2023
Energy China International to invest USD 10 billion in Brazil
Energy China International has committed to investing USD 10 billion in Brazil, according to the Brazilian Ministry of Mines and Energy.
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