Brazil’s Temer Goes to China Seeking Investors

The President, who is attending the 9th BRICS summit in Xiamen, is expected to divulge the government's massive privatization plan to foreign investors.

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL –Brazil’s President Michel Temer, is travelling to China on Tuesday to attend the 9th BRICS Summit along with his counterparts from China, India, Russia and South Africa. With Brazil’s economy still struggling to recover, Temer and his cabinet members will also try to persuade the Chinese foreign private sector to invest in some of the Brazil’s infrastructure projects, especially energy, airports and ports.

"Brazil has assets in the area of infrastructure that will interest the Chinese and get them to position themselves to participate in the auctions . . .

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