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Chinese investment in Brazil plunges 78% in 2022, hits lowest since 2009

BRASILIA : Chinese investments in Brazil tanked 78 per cent in 2022 compared with the previous year, hitting their lowest in 13 years as funds committed to resource projects plummeted, the Brazil-China Business Council (CEBC) said on Tuesday. China, Brazil's largest trading partner, funneled $1.3 billion

Chinese investment in Brazil plunges 78per cent in 2022, hits lowest since 2009

BRASILIA : Chinese investments in Brazil tanked 78per cent in 2022 compared with the previous year, hitting their lowest in 13 years as funds committed to resource projects plummeted, the Brazil-China Business Council (CEBC) said on Tuesday. China, Brazil's largest trading partner, funneled US$1.3 billion

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