RIO DE JANEIRO, BRAZIL - After more than doubling in 2019, the inflow of Chinese investments in Brazil failed to withstand the shock of the crisis triggered by the Covid-19 pandemic plummeting 74% last year to its lowest level in 6 years.
The data are shown in a recently published study by the China-Brazil Business Council released on Thursday, August 5.
The flow of Chinese investments to Brazil reached US$1.9 billion in 2020, compared to US$7.3 billion the year before. The contraction in the period was larger than the total drop in net direct investments . . .