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Brazil
30 November 2022
CNOOC buys additional 5% stake in Buzios oilfield for USD 1.9bn
Chinese state-run firm CNOOC Petroleum Brasil paid Petrobras 10.3bn reais (US$1.9bn) for an additional 5% interest in Búzios, increasing its participation in the field’s surplus volumes contract to 10%.
24 November 2022
Tencent Cloud looking to connect Brazil to opportunities in China
Tencent Cloud, the data storage arm of one of China´s tech giants, is investing in Brazil´s cloud market, where price and taxation are still challenging, according to S&P Global Platts.
23 November 2022
China to boost Brazilian corn exports
Brazilian corn exports could jump exponentially next year if farmers harvest a full crop and Chinese demand is strong, Brazil's National Association of Grain Exporters said.
22 November 2022
Brazil-China bilateral trade “resilient” and “robust” in 2022
Brazil-China bilateral trade is showing resilience this year and economic and trade cooperation remains robust, after Brazilian exports to the Chinese market reaching a record high in 2021, according to industry experts.
21 November 2022
China’s soybean imports from Brazil slide
China's soybean imports from Brazil fell 15% in October from the same month last year, as high prices and a lack of crushing profits eroded appetite for purchases from the South American nation.
21 November 2022
BYD expanding in Brazil to profit from “very good moment”
Chinese electric vehicle (EV) maker BYD is expanding quickly in Brazil to take advantage of the "very good moment" in the country, according to the company´s Americas President, Stella Li.
18 November 2022
China mulls importing soybean meal from Brazil
China, the world's largest soybean meal producer and consumer, is considering allowing large-scale imports of Brazilian soybean meal amid an ongoing domestic shortage, according to S&P Global Platts.
15 November 2022
CNPC announces major oil and gas discovery in Brazil
China National Petroleum Corp announced a major oil and gas discovery in a pioneer well in the Aram block in Brazil.
15 November 2022
Alibaba’s Cainiao opens LatAm headquarters in Brazil
Alibaba’s logistics arm Cainiao announced the opening of its Latin American headquarters in Sao Paulo, Brazil.
14 November 2022
Brazilian state of Ceará to start marble and granite exports to China in 2023
The Brazilian state of Ceará will start to export marble and granite to China in the first quarter of 2023, according to local industry leaders.
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