Welcome to “Number of the Week,” where we choose a single figure that helps understand what is going on in Brazil. This week, we go through data of more than a decade of Chinese investments in Brazil and look at what happened to them during the Covid-19 pandemic.
- $66.1bn
- invested by China in Brazil since 2007
During the Covid-19 pandemic, Brazil suffered a big drop in investments from one of its main sources: China. However, a new report by the Brazil-China Business Council (CEBC) released this week indicates that, even though Chinese investments in the country have significantly declined during the sanitary crisis, it is too early to say that the numbers will not go back up again, given the history of fluctuations in investment over the last 14 years.
Key findings of the report:
- Between 2007 and 2020, Chinese companies invested USD 66.1 billion in 176 projects in Brazil. Another 64 projects, with an...