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Brazil
04 May 2021
EDP Switching from Hydro to Solar Power Capacity in Brazil
EDP Renewables (EDPR) , whose parent company EDP Energias de Portugal has as main shareholder China Three Gorges (CTG), is investing 10 billion reais (more than EUR 1.5 billion) in increasing its power generation capacity in Brazil, focusing on solar.
04 May 2021
After Air China, China Southern Airlines Suspends Brazil Flights
China Southern Airlines has announced a suspension of flights to Brazil, owing to the pandemic in the South American country, following a similar move by Air China.
04 May 2021
USD 1Bi Solar Energy Complex in Brazil to be Built by China’s CDIL and CMEC
China Development Integration Ltd (CDIL) and China Machinery Engineering Corp (CMEC) will finance and build a new 1,100 MW solar energy complex in Brazil.
30 April 2021
Brazilian Cotton Industry Sets Sights on Asian Markets
The Brazilian Association of Cotton Producers (Abrapa) signed an agreement with China Cotton Association (CCA), a step to strengthen relations with the Asian markets.
28 April 2021
Brazil´s Vale SA Profit Jumps to USD 5.5 Bi, With Chinese Demand Soaring
Brazilian mining giant Vale SA reported its profit soared in the first quarter from a year earlier amid strong demand from China, with some uncertainty for the rest of the year.
27 April 2021
China’s GWM to Invest in Electric Cars Factory in Brazil
Great Wall Motors (GWM), China's largest private automaker, is to open a factory in Brazil for electric cars and light utility vehicles.
23 April 2021
China´s Ant Group Partners With Dotz from Brazil in Digital Finance
China's Ant Group, Alibaba's payment affiliate, is acquiring a 5% stake in Brazilian e-marketplace company Dotz, under an agreement to cooperate in multiple areas.
21 April 2021
Brazil Follows China´s Footsteps to Create Digital Currency
The Brazilian Central Bank (BC) has announced progress in the launch of the country´s digital currency, following the footsteps of China´s "e-yuan".
19 April 2021
AliExpress to Accelerate Expansion in Brazil
AliExpress, owned by Chinese tech group Alibaba, wants to accelerate the pace of expansion in Brazil, according to Yan Di, the e-commerce site's country manager in Brazil.
19 April 2021
CoronaVac Deliveries to Brazil Government to be on Track in May
Deliveries to the Brazilian Government of CoronaVac, the covid-19 immunizer produced in Brazil under licensing from Chinese pharmaceutical company Sinovac, are expected to be on track in May.
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