Chinese invest US$349 mln in Brazil in January and February

An official document says the combined value of confirmed Chinese investments in Brazil in the first two months of this year was US$349 million, Macauhub reports.

The news website, citing a newsletter distributed every two months by the Brazilian Ministry of Planning, Development and Management, says the investments were made by Didi Chuxing, which took over Brazilian transport network company 99; by Fosun International Ltd, which bought 80 percent of securities broker Guide Investimentos; and by Dà-Jiāng Innovations, which opened a shop in Rio de Janeiro.

The investments bought the sum invested in Brazil by Chinese between 2003 and February this year to US$54.1 billion, Macauhub quotes the newsletter as saying.