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China Targets Brazil as Strategic Partner in the Midst of Global Trade War
06/26/2018 - 11H02
TAÍS HIRATA
SÃO PAULO
Neither the Brazilian crisis nor even the commercial trade war between China and the United States has affected the Chinese investment plan for Brazil. To the contrary, the global dispute that China is dealing with could reinforce its bet on Brazil as a strategic alliance partner.
On the Chinese investor map Brazil stands out as the only country of continental dimensions that doesn't have political, border or sovereignty hindrances compared to countries like Russia, India and the United States, according to analysts.
"China sees Brazil as a country where capital and technology can flow to idle capacity", says Kevin Tang, Executive Director of the Brazil-China Chamber of Commerce.
Electrical energy, one of the sectors in which the Chinese have invested significantly in the country in the last two years is an example of this.
More:
https://www1.folha.uol.com.br/internacional/en/business/2018/06/1972932-china-targets-brazil-as-strategic-partner-in-the-midst-of-global-trade-war.shtml