|
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
. | ![]() |
. |
|
![]() |
![]() by Staff Writers Bras�lia (AFP) May 13, 2015
Brazil signalled Wednesday it will look to China for major investments in its infrastructure as it prepares to host next year's Olympics amid an economic slump. Investments and trade will be at the top of the agenda next week when Chinese Prime Minister Li Keqiang meets here with President Dilma Rousseff. In an interview with China Business News, Rousseff said she is hoping for Chinese investments to upgrade Brazil's dilapidated railroads, highways, ports and airports. "I hope there can also be greater cooperation on trade flows between Brazil and China," Rousseff said. "The issue of free trade between Brazil and China is very important and must be on the agenda," Rousseff stressed. Li arrives Tuesday in Brasilia on an official visit. China has been Brazil's chief trading partner since 2009 and one of its main sources of foreign investment. Bilateral trade jumped by a factor of 13 between 2001 and 2013 when it reached $83.3 billion. Brazilian exports moreover outstripped imports from China by $8.72 billion in 2013 as the South American giant benefited from high Chinese demand for commodities. That demand has since dipped, putting a brake on Brazilian growth. Li will visit Colombia, Peru and Chile as well as Brazil in a South American swing aimed at building Beijing influence in the region.
Related Links Global Trade News
|
![]() |
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service. |