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Brazil and China Tightening Ties

By Bruno De Nicola, Contributing Reporter

RIO DE JANEIRO - Skyrocketing commercial transactions between Brazil and China have prompted the Asian nation to inject another US$15 Billion into South America’s largest market.  Over the past year, global recession, US Dollar drop and good relations between the countries drove China to become Brazil's biggest business partner.

Chinese investment in Brazil focuses mainly on two fronts. Most ventures aim at Brazilian sectors complementary to China's economy such as steel, oil and a few other raw materials industries. However, according to Mr. Charles Tang, President of the Brazil China Chamber . . .

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