RIO DE JANEIRO, BRAZIL - Three years after a strong offensive in the Brazilian market, when they bought CPFL Energia, the largest private company in the electricity sector, Chinese entrepreneurs are back for more.

This time, interest is mainly focused on water and sewage treatment companies and large infrastructure projects, such as the construction and operation of roads and railways.

In their last expedition around the country, in 2017, the Chinese invested some US$9 (R$36) billion, most of it in energy assets. But then they pulled the brake to assess the changes taking place in the political scenario. This . . .

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