Chinese Investment of $4.7 Billion in Brazil’s technology sector

Photo: Palácio do Planalto.

According to a report by TeleSur, on the occasion of the “China-CELAC Forum,” Brazilian President Lula da Silva arrived in the People’s Republic of China on May 12, 2025. This marks his second visit during his current presidential term and the fourth when considering both of his presidential mandates. Lula arrives in China as one of only three Latin American presidents attending the forum.

In a meeting held on May 12, an investment from the People’s Republic of China in Brazil was formalized, specifically in the South American country’s technology sectors. The investment amounts to 4.7 billion dollars, of which 1 billion will be allocated to renewable fuels for the aviation sector. This investment will be carried out through the Envision Group.

Additionally, part of the total investment will fund the creation of a Research and Development (R&D) Center focused on renewable energy in Brazil. This project will be led by the Brazilian institution SENAI CIMATEC in collaboration with the Chinese company Windey Technology.

Regarding the existing debt Brazil faces in the areas of science and education, President Lula stated that the country must increase its exports of raw materials to address the shortfalls in these sectors. He also emphasized that while it is necessary to diversify exports, commodity trade remains a key source of national revenue.

In this context, Brazil is expected to boost its exports of minerals and agricultural products to the People’s Republic of China. Furthermore, given Brazil’s strategic position in the global energy transition, President Lula held meetings with Chinese companies in the sustainable energy and security sectors.

It is worth noting that since 2009, the People’s Republic of China has been Brazil’s most important trading partner. In this commercial relationship, the country led by Lula da Silva exports more goods, mainly raw materials than it imports. On the other hand, China’s exports to Brazil primarily consist of manufactured goods, though their total value is lower than that of Brazilian exports.

On this matter, economist Diana Chain from the Federal University of Minas Gerais commented that trade relations between the two countries “reinforce Brazil’s dependency and limit the positive effects on employment and productive structure.” This may be one of the reasons why the South American country seeks to further expand its exports to China.

It is known that during a previous state visit by President Lula to China, 32 commercial deals were finalized along with the signing of 15 government agreements. Therefore, this new visit is expected to aim for a more balanced trade relationship with China and to promote the development of Brazil’s national industry through the potential signing of 16 protocols and the possible conclusion of up to 32 agreements in various sectors.

Last but not least, it is important to mention that during his meetings with Chinese officials and business leaders, President Lula expressed his opposition to tariffs imposed by the United States on several countries, arguing that such measures negatively affect global trade and the multilateral nature of international commerce.

Main Source:

CELAC-China: Beijing invertirá 4.700 millones de dólares en sectores tecnológicos de Brasil – teleSUR

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