China’s 2024 Brazil investment doubled to highest level since Covid: report

Source: China – South China Morning PostChinese investment in Brazil more than doubled last year, reaching the highest level since before the pandemic, making the South American country the third main destination for Chinese capital worldwide, a business group report released on Thursday said.
The report, released by the Brazil-China Business Council, said Chinese firms confirmed 39 projects in 2024 worth US$4.18 billion, a 113 per cent increase from the year before.
The surge would make Brazil the leading destination for Chinese…Read More

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