Chinese Premier Li makes deals with Brazil worth tens of billions

Global Business

Chinese Premier Li Keqiang is signing investments deals worth tens of billions of dollars with Brazil on his first official trip to Latin America. CCTV’s Lucrecia Franco filed this report.
Follow Lucrecia C. Franco on Twitter @LucreciaFranco

Chinese Premier Li Keqiang signed deals worth tens of billions of dollars with Brazil

Chinese Premier Li Keqiang signed deals worth tens of billions of dollars with Brazil

Chinese Premier Li Keqiang is signing investments deals worth tens of billions of dollars with Brazil on his first official trip to Latin America, . CCTV's Lucrecia Franco filed this report.


Eric Farnsworth’s comments on the investment
For more on China’s investment in Brazil, Phillip TK Yin spoke to Eric Farnsworth, Vice President of Council of the Americas in Washington.

Follow Phillip Yin on Twitter @PhillipTKYin

Eric Farnsworth\'s comments on the investment

Eric Farnsworth\'s comments on the investment

For more on China's investment in Brazil, Phillip TK Yin spoke to Eric Farnsworth, Vice President of Council of the Americas in Washington.


China invested in Brazil for mutual benefits
On the second day of his visit to Brazil, Chinese Premier Li Keqiang visited Rio de Janeiro, he announced billions of dollars worth of financing and trade deals with Brazil. CCTV’s Stephen Gibbs filed this report.
Follow Stephen Gibbs on Twitter @STHGibbs

China invested in Brazil for mutual benefits

China invested in Brazil for mutual benefits

On the second day of his visit to Brazil, Chinese Premier Li Keqiang visited Rio de Janeiro, he announced billions of dollars' worth of financing and trade deals with Brazil. CCTV's Stephen Gibbs filed this report.

Highlights:

  • Premier Li announced the Chinese and the Brazilian governments are now talking about opening a factory in Brazil to build trains.
  • Brazil’s President Rousseff and Premier Li have been emphasizing one point that this is about deepening the relationship between these two geographically distant countries beyond imports and exports.
  •  Brazil’s economy is close to recession, but the country needs infrastructure investment.
  •  China’s slowdown means Chinese firms are actively seeking opportunities abroad.