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With new projects and large acquisitions, mainly in the energy and information technology sectors, investment by Chinese companies in Brazil more than tripled in 2021, returning to pre-pandemic levels.
Although the result is influenced by the weak basis of comparison with 2020, the numbers show that the country was the main destination for Chinese capital last year.
Among the outstanding operations are the investments made by Tencent in fintechs and startups such as Nubank, QuintoAndar and Cora; the acquisition of the power transmission company in Rio Grande do Sul by State Grid and the purchase of the Mercedes-Benz plant in Iracemápolis (SP) by Great Wall Motors, in addition to billionaire investments by Chinese oil giants in the Santos Basin.~
Read more in Folha de S. Paulo
