ANNOUNCEMENT OF TRANSACTION WITH RELATED PARTY CENTRAIS ELÉTRICAS BRASILEIRAS S/A CNPJ: 00.001.180/0001-26 | NIRE: 3330034676-7 PUBLIC. | March 31, 2023
Some Chinese firms have sought to localize to meet Brazil’s stringent local content requirements. This has yielded mixed results. Brazil must craft a long-term strategy for its economic relationship with China to increase the odds that bilateral engagement can advance in a new and more sustainable, mutually beneficial direction.