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27 November 2023

Minority Stake Sale in Brazil Unit Could Fetch China’s State Grid USD 1 Billion

State Grid Corp. of China’s Brazilian unit is seeking to raise about USD 1 billion by selling a minority stake, in a move aimed at cutting debt and boosting growth, Bloomberg reported. 
09 November 2023

China International Capital Corp Looks at Brazil for Expansion

Securities firm China International Capital Corp sees increased opportunities in Brazil for cross-border deals and may consider opening an office in the country, Lindsay Lin, CICC's Head of Americas, said.
23 October 2023

Xi Says Belt and Road Initiative “Highly Compatible” With Brazil’s Re-industrialization

Chinese President Xi Jinping said that the Belt and Road Initiative is highly compatible with Brazil's re-industrialization policy.
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