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Economic Ties Between China and Brazil are Still Closely

SOURCE:DOINGBUSINESSINCHINA.ORG   TIME:2016-05-21

 


Economic Ties Between China and Brazil are Still Closely

Although the Brazilian economy is facing recession, the fiscal deterioration and unemployment growth also have many difficulties, some experts expected Brazil's economy restore growth until in 2018, but Chinese enterprises is still optimistic about the Brazil's long-term development potential, and it is considered that the prospects for economic and trade exchanges between China and Brazil is still optimistic.

Chen Chong, the general manager of overseas business department of China Communications Construction Co., Ltd, in an interview with reporters said, although the recent decline in economic growth of Latin America, the region, especially as the largest economy in Latin America, Brazil's demand for infrastructure development and did not fall.

Chen Chong said that the large population of Brazil, rich in resources, agriculture and mining industry, in the port, railway, highway and other infrastructure and livelihood areas of investment demand, therefore, the future development of the future in the region is full of hope. Recently built in St Paul, Brazil, China established a company in the southern region of the Americas, which is expected in the next few years, the company's investment in Latin America will reach 2 billion dollars.

The chairman of China Construction South American regional company Chang Yunbo said, the construction company has rich infrastructure construction, investment and operation experience, and have a strong financing capability, the company is willing to and partners together for the economic development of the region contribution.

In less than half a year, Chinese more than 20 billion Reals in Brazil investment project.

Since last year, the economic and political situation in Brazil has indeed slowed down the pace of China's entry into Brazil, and the development of China's trade has been affected. He believes that with the political situation in Brazil to stabilize, the Brazil economy will gradually recover, the trade between China and Pakistan will once again on the fast track.



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