Brazil, China sign multi-billion-dollar agreements

Press TV

SÃO PAULO Brazilian President Dilma Rousseff and Chinese Premier Li Keqiang have signed $53 billion of agreements in a range of areas, including infrastructure, agriculture and energy, in what is being hailed as a new era in Sino-Brazilian relations.

The new wave of Chinese investment in Brazil has come at an opportune moment, as the Brazilian economy continues to struggle and a vast corruption scandal at Petrobras bears down on both the political world and the country’s top construction companies.

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