China poured US$ 21bn into Brazil in 2017 taking advantage of recession asset prices

Friday, January 19th 2018 - 09:13 UTC

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China invested US$20.9 billion in Brazil in 2017, the most since 2010 as a recession helped push down asset prices and attracted investors, according to Brazil’s planning ministry.The energy, logistics and agriculture sectors drew the most Chinese capital, including investments in Brazil’s rich pre-salt oil fields and China’s State Power Investment Corp US$2.25 billion deal to operate the São Simão hydropower plant. Read full article

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The recession [& credibility] “Asset”[?] Prices really must be attractively LOW!
Jan 23rd, 2018 - 07:04 pm - Link - Report abuse 0
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