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Brazil
25 July 2023
Brazil and China Bolster Science and Technology Ties
Brazil and China are bolstering ties in the field of science and technology, following a Memorandum of Understanding signed in April during a visit to Beijing by the Brazilian President, Luiz Inácio Lula da Silva.
24 July 2023
Brazilian Arm of China Three Gorges Withdraws from IPO
The Brazilian unit of power company China Three Gorges Corp withdrew from an initial public offering in the Brazilian stock exchange.
20 July 2023
China’s Imports of Brazilian Soybeans Surge in First Six Months of the Year
China’s imports of Brazilian soybeans grew by almost a quarter in the first half of the year, trade data shows, to exceed 43.5 million tons.
18 July 2023
Brazilian Crude Import Boom Expected in China
Chinese oil refineries, led by heavyweight Sinopec, are set to boost Brazilian crude imports in the third quarter, according to industry sources.
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.
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