Backing Brazil beyond Olympics
By Zhong Nan in Beijing and Liu Mingtai in Changchun | China Daily | Updated: 2016-08-01 07:48
Chinese infrastructure majors will continue to strengthen the Amazon country long after Rio 2016
Just as global companies such as Caterpillar Inc, Alstom Group and Siemens AG injected billions of dollars into China's infrastructure over the past three decades, their Chinese counterparts are now committed to Brazil's development.
As Brazil hopes to ride the recent Olympics-related economic activity towards long-term growth with stress on world class infrastructure, the local market share of Chinese companies is expected to increase.
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