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China, Brazil unveil multi-billion-dollar deals

Beijing looks to invest US$53 billion in Brazil, as Premier Li starts first official visit to Latin America

Mr Li with Ms Rousseff after signing agreements at the Planalto Palace in Brasilia on Tuesday. Mr Li's visit to Latin America is a huge boon for Brazil as the latter endures a fifth straight year of low growth.


CHINESE Premier Li Keqiang lifted the wraps on Tuesday on a multibillion-dollar series of trade and investment deals with Brazil, as Beijing looks to invest US$53 billion in South America's largest economy.

The news unveiled at the start of Mr Li's first official visit to...

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