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Brazil
17 July 2023

EDP Increases Stake in EDP Brasil to 88% With EUR 821 Million Investment
EDP, whose biggest shareholder is China Three Gorges, increased its stake in EDP Brasil from 56% to almost 88%, following a takeover bid (OPA) aiming to delist the Brazilian subsiditary from the stock market.
05 July 2023

Chinese Fashion Giant Shein Will Invest in Textile Production in Brazil
Online fast fashion retailer Shein says it will invest 750 million reais (USD 148.9 million) in helping to modernise textile production in Brazil in the coming years, according to multiple media reports.
04 July 2023

China´s BYD to Build USD 624 million Factory in Brazil, First Outside China
BYD will invest 3 billion reais (USD 624 million) in Brazil, in the northeastern state of Bahia, to build its first electric-car plant outside Asia.
03 July 2023

Huaxin Cement Buys African Business From Brazil´s InterCement, Including Mozambique
China-based Huaxin Cement has agreed to buy the Africa-based business of Brazil´s InterCement for USD 265 million, including assets in Mozambique and South Africa.
28 June 2023

Brazilian Optical Fibers Manufacturers Report Unfair Chinese Competition to Government
Three national manufacturers of optical fibers —Cablena, Prysmian, and Furukawa— have reported to the Brazilian government abuses of China's encouragement policy in the exporting of the input to Brazil, which reinforces suspicions of dumping.
27 June 2023

Hebei Port Group and Brazil´s Vale to Bolster Operation at at Caofeidian and Jingtang Ports
Hebei Port Group, the third largest port operator in China, wants to strengthen ties with Brazil's Vale, the world's largest producer of iron ore and nickel, in the Chinese city of Tangshan.
22 June 2023

Chinese Embassy in Portugal Strengthens Ties With Lusophone and Macao Business Leaders
The Ambassador of the People's Republic of China in Lisbon, Zhao Bentang, welcomed a delegation of business leaders from Portuguese-speaking countries and Macao, aiming at strengthening cooperation.
20 June 2023

SEPETIBA Oil Production Vessel on its Way From Tianjin to Brazil
The "SEPETIBA", one of the world's largest FPSO (floating production, storage and offloading unit) vessels, assembled by China, was shipped to Brazil from the northern port city of Tianjin.
16 June 2023

ApexBrasil Opens Call for Mission to Internationalize Startups in China
ApexBrasil, in partnership with the Consulate of Brazil in Shanghai, Venture Cup China and Hicool, will carry out a face-to-face mission to the China-Brazil Innovation Week & Hicool Global Enrepreneurship Summit 2023.
13 June 2023

China´s CGN Brazil Energy seeks new financing for Brazilian energy projects
Chinese group CGN Brazil Energy is negotiating with Banco do Nordeste (BNB) new financing for energy projects in Brazil.
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