China on course to become biggest foreign direct investor in Brazil

Thursday, August 12th 2010 - 04:05 UTC

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China's direct investment in Brazil has surged, putting China on course to be the biggest foreign direct investor in Latin America's largest economy this year. Read full article

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Forgetit87
The president has already announced a bill to preclude foreign entities - governments, companies, etc. - from owning lands in Brazil. I don't know ehen the bill will be voted, but I'm sure it will pass. China will buy no land from us.
Aug 12th, 2010 - 06:20 am - Link - Report abuse 0
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harrier61
Interesting that China wants to use Brazilian land to cultivate soy rather than buy it from Argentina. It will be interesting to see whether the Chinese will go ahead with some of these proposals if they don't get to own the land they would be built on. And if they can't buy the land to cultivate soy, will they go ahead with any of them?
Aug 12th, 2010 - 11:10 pm - Link - Report abuse 0
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JoseAngeldeMonterrey
China is grabbing many natural and mineral resources in Brazil, in order to transform them and make more manufactured products to sell in the U.S., and in Brazil too.
Aug 19th, 2010 - 02:55 am - Link - Report abuse 0
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