9 September 2020
Official data indicate that the amount of soybeans imported by China increased to 9.6 million tonnes last month, 11 percent more than a year earlier, as Chinese processors bought more Brazilian soybeans while they were cheap, Reuters reports. The news agency says weather favourable for growing soybeans increased the supply in Brazil, reining in prices … Continue reading "Big crop, low prices prompt China to buy Brazilian soybeans"
8 September 2020
Brazilian miner Vale SA says it has made its first sale of iron ore using blockchain technology, selling 176,000 tonnes to a company in China. Vale announced in writing that the ore was shipped from the Teluk Rubiah Maritime Terminal in Malaysia to Nanjing Iron & Steel Group International Trade Co. Ltd, a subsidiary of … Continue reading "First Vale iron ore sold using blockchain is bound for China"
8 September 2020
Hebei Foreign Studies University in northern China says it has begun teaching online an introductory course on Chinese culture meant for students in Brazil. The university announced on WeChat that 155 people applied for places on the course, and that 50 students specialising in various subjects at 48 universities in Brazil were accepted. The announcement … Continue reading "Chinese university begins teaching Brazilians online"
7 September 2020
Brazilian grain merchant Agribrasil means to raise up to 200 million reals (about US$37.4 million) for a port terminal in southern or northeastern Brazil, Reuters reports, citing Agribrasil Chief Executive Frederico Humberg. The news agency quotes Mr Humberg as saying Agribrasil intends to raise the money by going public next year at the B3 stock … Continue reading "Agribrasil wants a terminal as Chinese demand lifts revenue"
4 September 2020
The financial regulators in Brazil and China are studying the possibility of setting up a mechanism for direct currency clearing, Xinhua reports, citing Brazilian Vice-president Hamilton Mourão. The Chinese government-run news agency quotes Mr Mourão as saying in an interview that the mechanism would reduce the cost of investment by one country in the other, … Continue reading "Sino-Brazilian currency clearing mechanism being considered"
3 September 2020
Chinese maker of electric vehicles BYD Co. Ltd says it has begun making lithium iron phosphate batteries at its first battery factory in Brazil, in the northeastern city of Manaus. BYD announced in writing that it had invested 15 million reals (US$2.7 million) in the factory. The announcement says the factory has 5,000 square metres … Continue reading "New BYD battery factory in Brazil gets down to work"
3 September 2020
A factory will be built this year in the Brazilian state of São Paulo to produce a Chinese vaccine against the Covid-19 virus, Xinhua reports, citing São Paulo Governor João Doria. The Chinese state-run news agency quotes Mr Doria as saying the factory may double the capacity of Brazil to produce the vaccine, CoronaVac, which … Continue reading "Factory in Brazil to make Chinese vaccine against Covid-19"
28 August 2020
Vale SA says it has opened a facility for grinding and processing iron ore in the eastern Chinese port of Ningbo-Zhoushan, its first in China. The Brazilian miner says in a written announcement that the facility is the outcome of an agreement with Ningbo Zhoushan Port Co. Ltd which was signed last December. Vale says … Continue reading "Vale opens iron ore grinding facility at Chinese port"
27 August 2020
Alya Nanosatellites Constellation EO of Brazil and Beijing Tianlian Space Technology Co. Ltd of China have agreed to collaborate on setting up a ground station in the northeastern Brazilian state of Bahia to receive and process data from satellites, Alya Chief Executive Aila Raquel has disclosed. An article published on the SpaceWatch.Global website and written … Continue reading "Sino-Brazilian partnership to build satellite ground station"
26 August 2020
Kintor Pharmaceutical Ltd of China has announced that the first batch of volunteers has been enrolled for a clinical trial in Brazil of its treatment for Covid-19. Kintor told the Hong Kong Stock Exchange in writing that the first batch of volunteers comprises 381 men, all at least 50 years old. The announcement says the … Continue reading "Brazilian trial of Kintor Covid-19 treatment a step closer"
25 August 2020
Leve, the logistics arm of Brazilian payments company Ebanx, means to begin next year deliveries of goods in Latin American markets other than Brazil, now that it picks them up in China, Forbes reports. The magazine quotes Leve as saying it that since February it has shipped to Brazil 175,000 items ordered online from China. … Continue reading "Leve to expand deliveries of Chinese goods in Latin America"
21 August 2020
REA Consult says it has opened an office in Beijing to attract Chinese investment in the Brazilian market for energy from renewable sources. The German investment consulting firm issued a written announcement quoting REA Consult Chief Executive Rachel Andalaft as saying many leading enterprises in China have entered the market by way of mergers and … Continue reading "China tapped for investment in Brazilian renewable energy"
21 August 2020
Brazilian maker of cosmetics Natura & Co. Holding SA intends to do more business in China, now that it has bought Avon Products Inc., Bloomberg reports. The news agency quotes Natura Chief Executive Roberto de Oliveira Marques as saying in an interview that the Chinese market has great potential and presents a real opportunity for … Continue reading "Brazilian cosmetics maker Natura aims to expand in China"
19 August 2020
The developer of the southeastern Brazilian port of Açu, Prumo Logística SA, says it has agreed to sell a one-third stake in its complex of electricity generators at the port to State Power Investment Corp. Ltd (SPIC) of China. Prumo issued a written announcement forecasting that the buyer will take possession of its stake in … Continue reading "SPIC invests in gas-fuelled power complex in Brazil"
18 August 2020
Chery Automobile Co. Ltd of China has launched in Brazil its Tiggo 8 seven-seater sport utility vehicle, made in the central Brazilian municipality of Anápolis, O Estado de São Paulo reports. The Brazilian newspaper says Grupo CAOA of Brazil is the distributor. The report says Chery hopes to Tiggo 8s at the rate of 600 … Continue reading "Chery model made in Brazil goes on sale in Brazilian market"
17 August 2020
Brazil is due to ship to China over 816,800 tonnes of sugar, or 31 percent of its sugar exports scheduled in the coming weeks, Bloomberg reports, citing agricultural consulting firm Datagro. The financial news agency quotes the head of sugar trader Alvean, Paulo Roberto de Souza, as saying the number of ships waiting at Brazilian … Continue reading "Ships queuing to load Brazilian sugar bound for China"
14 August 2020
Chinese enterprises have been urged to join in the development of the Porto Central seaport in the southeastern Brazilian state of Espírito Santo, and to use the facility once it is open, Xinhua reports. The Chinese government-run news agency quotes Porto Central Director-General José Maria Novaes as telling a seminar that the port is set … Continue reading "Exec calls for Chinese to help develop new port in Brazil"
13 August 2020
Brazilian maker of electric motors WEG SA has opened its fourth factory in China, in eastern Jiangsu province’s Changzhou city, Jintan district, China Radio International (CRI) reports. The Chinese state-run radio station quotes Eduardo de Nóbrega, the managing director of the WEG subsidiary in China, as expressing confidence in the prospects for his company in … Continue reading "WEG of Brazil opens yet another factory in China"
12 August 2020
Brazilians and Chinese living in Rio de Janeiro celebrated China-Rio de Janeiro Friendship Day online this year, China Radio International (CRI) reports. The Chinese state-run radio station quotes Chinese Consul-General in Rio de Janeiro Li Yang as saying the celebration, on Friday, reflected the strength of ties between the city and China, and paved the … Continue reading "China-Rio de Janeiro Friendship Day celebrated online"
11 August 2020
The head of the Butantan Institute, a Brazilian biomedical research centre, is having talks about supplying Argentina, Colombia, and the Pan American Health Organization with CoronaVac, a potential vaccine against the Covid-19 virus developed in China, Agência Brasil reports. The Brazilian state-run news agency quotes Butantan Institute Director Dimas Covas as telling a Brazilian legislative … Continue reading "Institute eyes wider Latin American market for CoronaVac"