Chinese investments in Brazil fell 78% in 2022
Chinese investments in Brazil, Latin America's biggest economy, fell by nearly 78 percent last year, to the lowest level since 2009, the Brazil-China Business Council reported Tuesday. Brazil, which received more investment from China than any country in the world in 2021 - $5.9 billion - saw the Asian giant's investments in its economy fall to $1.3 billion in 2022, the group said in a rep