High-risk, high-cost mega-infrastructure projects like those backed by Belt and Road Initiative decline in popularity, with developments now seen in sectors with faster returns and fewer operating costs.
Brazil’s EV market shifts up a gear as Chinese makers set up shop
Billions in foreign investment boosts a growing electric vehicle market in Brazil, one of.
Chinese investment in Brazil totalled US$1.3 billion in 2022, a 78% drop from the previous year and its lowest level since 2009, according to a report issued by the China-Brazil Business Council on Tuesday.
SAO PAULO, Aug 30 ― Chinese investments in Brazil, Latin America's biggest economy, fell by nearly 78 per cent last year, to the lowest level since 2009, the Brazil-China.
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