{"id":50045982,"date":"2021-09-06T17:46:37","date_gmt":"2021-09-06T16:46:37","guid":{"rendered":"https:\/\/stage.dialogochino.net\/?p=45982"},"modified":"2023-02-08T14:07:06","modified_gmt":"2023-02-08T14:07:06","slug":"45887-chinese-investment-in-brazil","status":"publish","type":"post","link":"https:\/\/dialogue.earth\/en\/business\/45887-chinese-investment-in-brazil\/","title":{"rendered":"Chinese investments in Brazil have grown rapidly and are long-lasting"},"content":{"rendered":"

China has consolidated itself as one of the largest foreign investors in Brazil since 2010, as a <\/span>study recently published<\/span><\/a> by the China-Brazil Business Council (CEBC) shows. It rivals the US and European countries, who have been established as foreign investors in Brazil for decades. Brazil is the main destination for Chinese investments in South America, receiving US$66.1 billion, equivalent to 47% of the total amount invested, in the decade up to 2020.<\/span><\/p>\n

\n

47%<\/p>\n

\n
\nof all Chinese investment in Latin America has flowed to Brazil
\n\n <\/div>\n <\/div>\n

Between 2007 and 2020, Chinese companies made large investments in the electricity sector, which attracted 48% of the total amount, followed by oil extraction (28%), and mining (7%). If we analyse investments by number of projects, not by value, although the electricity sector is still on top of the ranking, with 31% of the total, the manufacturing sector takes second place, with 28%, followed by information technology and <\/span>agriculture<\/span><\/a>, with 7% each, and financial services, with 6%.<\/span><\/p>\n

The distribution of Chinese companies\u2019 investments across all regions of Brazil is also noteworthy, with confirmed projects in 23 of 27 states. However, the state of S\u00e3o Paulo attracted almost a third of all projects. What is most striking is the speed with which these newcomers have managed to enter practically the entire country, taking little over a decade to leave a legacy of factory construction, infrastructure projects and acquisitions of a variety of companies.<\/span><\/p>\n

Annual flows of Chinese investments to Brazil, however, have fluctuated. At US$13 billion, the year 2010 marked the peak. Since then, there have been decreases and occasional increases, which is also reflected in the number of projects, which reached a maximum of 32 in 2018.<\/span><\/p>\n

<\/p>\n
\n