China Makes US$100 Billion in Funds Available to Brazil

In the summit meetings this week in Brasília, Beijing also signaled an extension of credit through its banks in Brazil to compete mainly for agribusiness and industry clients. In the case of investment funds, most of the resources should finance infrastructure projects.

RIO DE JANEIRO, BRAZIL - China has placed at the disposal of Jair Bolsonaro's government more than US$100 billion (R$400 billion) from at least five state funds for a new round of investments in Brazil.

In the meetings held between the countries this week in Brasília, Beijing also signaled an extension of credit through its banks in Brazil to compete mainly for agribusiness and industry clients.

In the case of investment funds . . .

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