Brazil's vice president invites Chinese companies to invest in the country

Hamilton Mourão

The Chinese are interested and have the capital and experience to give impetus to major infrastructure works in Brazil, said the vice president of the republic and acting president.

General Hamilton Mourão, speaking at the Annual Conference of the Brazil-China Business Council (CEBC), which brought together businesspeople from both countries in São Paulo, recalled that the stoppage of major works in Brazil created an environment of opportunity for Chinese companies and banks with capital to invest in strategic areas.

"China recognizes Brazil as an important regional partner and we are aware that Brazilian political instability has not contributed to economic development," added Mourão, quoted by the newspaper Correio Braziliense.

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