Tag: Sino-Brazilian Business Forum

• Monday, May 12th 2025 - 20:37 UTC

  Lula announces sizeable Chinese investments in infrastructure

  

  Brazilian President Luiz Inácio Lula da Silva announced Monday that Chinese investors would be allocating some R$ 27 billion (US$ 4.69 billion at the current exchange rate) to infrastructure and other development in the South American country. He made those remarks during his participation in the Brazil-China Business Forum in Beijing. The investments will also cover the areas of education and technology, it was explained.

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