Chinese Government Encourages Companies to Seize Sport-Related Opportunities in Brazil

October 18, 2012

The Chinese government is encouraging domestic companies to seize investment opportunities in Brazil by getting involved in the nation’s infrastructure-related industries as the South American country prepares to host the World Cup in 2014 and Summer Olympics in 2016.

Ministry of Commerce’s Foreign Trade Department Director, Wang Shouwen, said: “Brazil is preparing for the World Cup in 2014 and the Summer Olympics in 2016, which is creating tremendous demand for infrastructure construction and consumer goods. This is a huge opportunity for China’s competitive industries such as machinery, building materials, textiles and apparel.”{jcomments on}