Brazil says Chinese firms to invest around 27 billion reais as Lula visits Beijing
12/05/2025 12:29
BEIJING, May 12 (Reuters) - Brazil's trade and investment promotion agency said on Monday it helped attract around 27 billion reais ($4.78 billion) of Chinese investment to Brazil, as President Luiz Inácio Lula da Silva kicks off a four-day state visit to Beijing. China's automaker Great Wall Motor, delivery giant Meituan, and Chinese energy, metal, and beverage companies including CGN Power, Envision, Mixue and Baiyin Nonferrous Group all announced investments from two billion to six billion reais into Brazil. Additional deals in technology, energy, pharmaceutical and semiconductor industries were also announced. ($1 = 5.6516 reais) (Reporting by Beijing Newsroom; Editing by Aidan Lewis) ((Xiuhao.Chen@thomsonreuters.com;))