A soybean oil production line at the Hopefull Grain and Oil Group factory in Sanhe, in China’s northern Hebei province on July 19. The company is currently using soybeans imported from Brazil, after recently changing from US crops. Photo: AFPA soybean oil production line at the Hopefull Grain and Oil Group factory in Sanhe, in China’s northern Hebei province on July 19. The company is currently using soybeans imported from Brazil, after recently changing from US crops. Photo: AFP
A soybean oil production line at the Hopefull Grain and Oil Group factory in Sanhe, in China’s northern Hebei province on July 19. The company is currently using soybeans imported from Brazil, after recently changing from US crops. Photo: AFP
China

Chinese money pours into Brazil as US trade war bites, with US$54 billion across 100 projects

Investment is likely to be high on the agenda when the BRICS group of countries opens its summit on Wednesday in Johannesburg

Topic |   Americas
Agence France-Presse
Agence France-Presse

Updated: 11:05pm, 24 Jul, 2018

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A soybean oil production line at the Hopefull Grain and Oil Group factory in Sanhe, in China’s northern Hebei province on July 19. The company is currently using soybeans imported from Brazil, after recently changing from US crops. Photo: AFPA soybean oil production line at the Hopefull Grain and Oil Group factory in Sanhe, in China’s northern Hebei province on July 19. The company is currently using soybeans imported from Brazil, after recently changing from US crops. Photo: AFP
A soybean oil production line at the Hopefull Grain and Oil Group factory in Sanhe, in China’s northern Hebei province on July 19. The company is currently using soybeans imported from Brazil, after recently changing from US crops. Photo: AFP
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