China-Brazil Fund

The China-Brazil Fund is a bilateral investment cooperation fund established by the Chinese and Brazilian governments to funnel Chinese infrastructure and industrial investment into Brazil. The fund is seen as mutually beneficial as infrastructure has lagged in Brazil while China purchases Brazilian grain that is transported to port before shipment to China.[1]

Brazil-China Cooperation Fund for the Expansion of Production Capacity
Bilateral investment cooperation fund
IndustryInvestment Management
Founded2017

Fundraising

The fund was jointly established by the Ministry of Planning, Budget and Management and Sino-Latin American Production Capacity Cooperation Investment Fund (Claifund). The initial contribution for the fund was US$20 billion with US$15 billion from the Claifund and US$5 billion from the Brazilian Development Bank and Caixa Econômica Federal.[2][3]

Investments

The fund is focused on infrastructure development according to remarks in 2017 by then Chinese Vice Premier Wang Yang.[4] The fund is expected to invest heavily in Brazilian railways.[1] The Brazilian Ministry of Planning, Development and Management announced five projects, four in infrastructure and one in industry, were to be funded in May 2018.[3]

gollark: If you kill everyone, you are similarly evil to "trump, or hitler, or your parents", in causing excessive suffering.
gollark: 500 hitlers, approximately. That order of magnitude.
gollark: It would be harder?
gollark: They could also NOT be that, and be good.
gollark: How is that even good for *you*? Aren't you egoist?

References
  1. "Brazil, China open $20 billion fund for infrastructure, tech projects" (June 27, 2017). Archived from the original on November 3, 2019. Retrieved November 3, 2019.
  2. "China, Brazil Set Up USD20 Billion Production Capacity Cooperation Fund". Yicai Global. June 1, 2017. Archived from the original on November 3, 2019. Retrieved November 3, 2019.
  3. "Brazil-China Cooperation Fund selects five projects for analysis". Macau Hub. May 10, 2018. Archived from the original on August 10, 2018. Retrieved November 3, 2019.
  4. "China incentiva que empresas invistam no Brasil". Embaixada da República Popular da China no Brasíl. Archived from the original on 2019-11-03. Retrieved 2019-11-03.
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