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Brazil
05 January 2024
CNOOC’s Deep-water Oilfield Project Begins Production in Brazil
The China National Offshore Oil Corp (CNOOC) began production at Mero2, a deep-water pre-salt oil project in Brazil, on Tuesday, according to reports.
02 January 2024
Petrobras to Open Firm in China to Centralize Asian Operations
The CEO of Brazilian State oil company Petrobras revealed that the firm plans to create in 2024 Petrobras China, a subsidiary in the Asian country to facilitate trading between the two countries.
21 December 2023
Brazil Surpasses US as China’s Main Maize Supplier
Brazil has surpassed the US as China's main maize supplier, just a year after the South American country's shipments were approved.
18 December 2023
China’s State Grid Wins Largest Ever Auction in Brazil
China's State Grid won the largest electricity transmission lot ever auctioned in Brazil, involving a complex project that will require investments of around BRL 18 billion (USD 3.6 billion).
12 December 2023
Brazil to Reach USD 50 Billion Trade Surplus With China in 2023
Brazil is to reach a trade surplus with China this year above USD 50 billion, almost double the value in 2022, as its exports grow and imports from the Asian country drop.
30 November 2023
Chinese Foreign Minister Calls for Lifting China-Brazil Ties to New Level
Chinese Foreign Minister Wang Yi said that China and Brazil should take the 50th anniversary of bilateral ties next year as an opportunity to elevate their partnership to a new level.
28 November 2023
Sino-Lusophone Trade Dips Again in First Ten Months of 2023
Data released by China Customs shows trade in merchandise between China and Portuguese-speaking countries reached USD 180.38 billion in the period from January to October 2023, almost a 2 percent decrease year-on-year.
27 November 2023
More Than Half of Electric Cars Sold in Brazil Were Made in China
More than half of electric cars sold in Brazil were made in China, according to data from the Brazilian Ministry of Development, Industry, Trade and Services.
27 November 2023
Huawei Cloud to bring to Brazil AI Models Implemented in China
Huawei Cloud wants to bring to Brazil artificial intelligence models already implemented on a large scale in China, like Pangu, which is a business-oriented system using high-performance machine learning.
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.
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