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PLANNING MINISTER: "BRAZIL HAS ENTERED A NEW GROWTH CYCLE"

Following structural reforms and the change in course in the economy, Brazil has entered a new growth cycle and has the potential to grow from 3% to 3.5% without affecting inflation. The assessment was made by the Minister of Planning, Development and Management, Dyogo Oliveira, in a speech to Spanish businesspeople.

For the minister, the country has been creating the bases for development, which reduces investment risk. "We have started a great cycle of growth, and if you want to be a part of it, you have to come to Brazil," he told entrepreneurs in Madrid, Spain.


Experts: Chinese Investment Flowing into Brazil ‘Like a Tsunami’

WASHINGTON, DC – China’s investment in Brazil, the largest country in Latin America, has been growing by the year, largely under the radar of the United States, according to two experts.

Chinese foreign direct investment in Brazil grew 37 percent between 2010 and 2016, said Andre Soares, counselor at Inter-American Development Bank, at a discussion at the George Washington University’s Elliot School on Monday.