Plant will enhance company’s expansion in South America, and is expected to produce 100,000 vehicles a year after modernisation.
Lusofonia
Despite an annual sales potential of US$9 million, Brazilian grapes’ entry into the Chinese market will take another 18 months.
More than 100 Chinese business representatives tune in for high-level video conference sensing major opportunities in west African republic.
Looking ahead, analysts point to 5G, artificial intelligence, the digital economy and internet of things as potential targets for investment.
Officials point to Huawei’s long relationship with Brazil, which dates back to the beginning of the century and has created more than 16,000 jobs.
Entrepreneurs look ahead to 2022 launch of extensive privatisation programme covering banking, agriculture, telecommunications and oil.
Top quality ore and top prices mean healthy profits, but analysts fear pressure from China could have a negative effect.
Nearly 5,000 Chinese have successfully applied over the past decade, while Portuguese-speaking Brazil takes second place.
Scientists aim to confirm if Sinopharm can be ‘mixed and matched’ with AstraZeneca jabs in an attempt to ease supply problems.