China’s Growing Presence in Brazil and Latin America

Abstract

The 21st Century opened a new chapter for the relations between China and Latin America. As of 2020, Brazil has received more than half of all Chinese investment in Latin America—around USD 66 billion with three fourths of that investment dedicated to the energy sector and the rest going to agriculture, infrastructure and other areas. While Chinese foreign investment has declined in recent years due to the pandemic, China’s recovery will likely also reach Brazil with new opportunities for investment and cooperation.