Lula and China’s Xi Jinping signed on Tuesday more than 30 agreements for Chinese investment in mining, transport infrastructure and ports, as well as the purchase of jets made by Embraer SA.

Chinese EV maker seeks cut while building local plant but other carmakers and regional governors say it could hurt Brazil’s ...

Brazil is also the biggest destination for Chinese investment in Latin America. According to the Brazil-China Business Council, Chinese investment in Brazil since 2007 has totaled more than $73 ...

Overall, the growing ties between Brazil and China has brought Brazil’s economic independence into question. As of 2023, China bought 30 percent of Brazil’s exports, more than any other country.

Brazil will set up a tax advisory office in China, according to the Brazilian Finance Ministry, highlighting the strategic importance of this move as the two countries strengthen their relationship.

At a business forum attended by Lula in Beijing on Monday, Brazil's trade and investment promotion agency said it helped attract around 27 billion reais ($4.8 billion) of Chinese investment to Brazil.

RIO DE JANEIRO (Reuters) -Chinese tech giant Huawei is interested in investing in Brazil's data center market but is waiting on the government to roll out a planned tax break scheme, an executive ...