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Brazil
20 January 2021

Brazil-China Sea Freight Prices at Record Highs
Sea freight on the China-Brazil route has soared and reached an unprecedented USD 10,000 per TEU, according to importers and shipping companies operating in the Brazilian port of Santos.
19 January 2021

Brazilian Government to Allow China’s Huawei in 5G Auctions
Brazil’s government will not seek to bar Chinese telecom equipment maker Huawei Technologies Co Ltd from 5G network auctions slated for June this year.
18 January 2021

Brazil Trade Surplus With China Tops USD 33 billion
China contributed USD 33.6 billion to the Brazilian trade surplus last year, which totalled USD 50.9 billion, according to the Foreign Trade Bulletin (Icomex) released by the Brazilian Institute of Economics of Getulio Vargas Foundation (FVG/ Ibre).
13 January 2021

China Auto Makers Sought in Brazil After Ford Closes Factories
Brazilian authorities in the State of Bahia (northeast) are looking for investment from Chinese car manufacturers, after Ford announced it will close its factories there.  
11 January 2021

Brazil-China Trade Tops USD 101 Billion in 2020
Exports in Brazil's powerful agribusiness sector increased 6% last year, totaling USD 45.3 billion, thanks mainly to demand from China, the country's largest customer, that bought more than USD 67 billion in Brazilian goods.
08 January 2021

Chinese Covid-19 Vaccine 78% Effective in Brazil
Chinese vaccine maker Sinovac Biotech Ltd’s COVID-19 vaccine, CoronaVac, has shown to be 78% effective in late-stage trials in Brazil.
06 January 2021

Brazil, Timor and Cabo Verde Among Fastest Growing Economies in 2021
Brazil, Timor and Cabo Verde will be among the fastest growing economies in 2021, recovering from sharp drops in activity last year because of the Covid-19 pandemic, according to the World Bank.
05 January 2021

Portugal’s EDP to Buy 40% of Brazilian Solar Energy Firm Blue Sol
EDP Energias do Brasil SA, owned by Portugal's EDP group, has signed a deal to acquire a stake of up to 40% in the Brazilian solar energy firm Blue Sol Participacoes.
29 December 2020

10 Million Doses of Chinese Vaccine Available in Brazil This Week
Brazilian authorities announced that the Chinese-made Covid-19 vaccine CoronaVac is effective and safe, as the country received another 5.5 million doses of the immunizer from China, and another 2 million doses are expected this week.
29 December 2020

Ligther Regulation and Taxation Would Boost Brazil’s Growth, OECD Says
Brazil's economic recovery from the pandemic will take, at least, two years, but economic growth could quicken if the country lightens its 'cumbersome' regulation and taxation, the OECD says.
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