By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - Following an announcement on May 19th that investment agreements worth US$53.3 billion will be made by China in Brazil, the State if Rio de Janeiro is seeing some impact. At a meeting held on Friday (May 22nd) at the Guanabara Palace, the governor Luiz Fernando "Pezão" met with Chinese representatives to formalize plans for the installation of a train factory, a shipyard and a technical school.

According to a government report, Pezão met with representatives of the Subscribe to our Premium Membership Plan. Already Subscribed? Login Here