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Brazil
18 January 2021
Brazil Trade Surplus With China Tops USD 33 billion
China contributed USD 33.6 billion to the Brazilian trade surplus last year, which totalled USD 50.9 billion, according to the Foreign Trade Bulletin (Icomex) released by the Brazilian Institute of Economics of Getulio Vargas Foundation (FVG/ Ibre).
13 January 2021
China Auto Makers Sought in Brazil After Ford Closes Factories
Brazilian authorities in the State of Bahia (northeast) are looking for investment from Chinese car manufacturers, after Ford announced it will close its factories there.
11 January 2021
Brazil-China Trade Tops USD 101 Billion in 2020
Exports in Brazil's powerful agribusiness sector increased 6% last year, totaling USD 45.3 billion, thanks mainly to demand from China, the country's largest customer, that bought more than USD 67 billion in Brazilian goods.
08 January 2021
Chinese Covid-19 Vaccine 78% Effective in Brazil
Chinese vaccine maker Sinovac Biotech Ltd’s COVID-19 vaccine, CoronaVac, has shown to be 78% effective in late-stage trials in Brazil.
06 January 2021
Brazil, Timor and Cabo Verde Among Fastest Growing Economies in 2021
Brazil, Timor and Cabo Verde will be among the fastest growing economies in 2021, recovering from sharp drops in activity last year because of the Covid-19 pandemic, according to the World Bank.
05 January 2021
Portugal’s EDP to Buy 40% of Brazilian Solar Energy Firm Blue Sol
EDP Energias do Brasil SA, owned by Portugal's EDP group, has signed a deal to acquire a stake of up to 40% in the Brazilian solar energy firm Blue Sol Participacoes.
29 December 2020
10 Million Doses of Chinese Vaccine Available in Brazil This Week
Brazilian authorities announced that the Chinese-made Covid-19 vaccine CoronaVac is effective and safe, as the country received another 5.5 million doses of the immunizer from China, and another 2 million doses are expected this week.
29 December 2020
Ligther Regulation and Taxation Would Boost Brazil’s Growth, OECD Says
Brazil's economic recovery from the pandemic will take, at least, two years, but economic growth could quicken if the country lightens its 'cumbersome' regulation and taxation, the OECD says.
21 December 2020
Brazil and China Closing in on Corn Export Deal
Brazil is close to an agreement that would allow the world’s second-largest corn exporter to boost sales of the grain to China.
15 December 2020
Chinese Covid-19 Vaccine Available in January in Brazil
The clinical trials of CoronaVac, the Chinese vaccine against Covid-19, are concluded in Brazil and vaccination will start in January, according to the governor of the State of São Paulo, João Doria.
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