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Brazil
13 February 2023

China’s central bank sets up yuan clearing arrangements in Brazil

China's central bank has signed a memorandum of understanding on setting up yuan clearing arrangements in Brazil, in a move to help boost the currency's global clout.
19 January 2023

Brazilian fintech backed by China’s Tencent gets USD 150 million loan to expand in Latin America

Nubank, the Brazilian fintech backed by China’s Tencent Holdings, secured a loan of up to USD 150 million from the International Finance Corp, the private lending arm of the World Bank, to grow its business in Latin America.
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