Brazil's emergence as one of the leading Latin American economies has taken place in tandem with rapid growth in China over the last decade, a sign of the growing link between the two emerging markets.
A new logistic platform jointly established by China Shipping Group and Alibaba will enhance the efficiency of international trade and both Chinese and Brazilian companies will benefit when it's fully operational, experts said.
Latin American countries should annually invest 6.2 percent of their GDP (around $320 billion) on infrastructure development to meet their economic goals to 2020, the Economic Commission for Latin America and the Caribbean (ECLAC) said in its latest report.
Rich Rogel, president of investment firm Tomay Inc, and his wife Susan Rogel, Ken Lieberthal, senior fellow in Foreign Policy and Global Economy and Development at Brookings Institution, and his wife Jane Lieberthal, celebrate the renaming of the Lieberthal-Rogel Center for Chinese at the University of Michigan on Thursday.
Reforms in the Chinese healthcare industry over the last five years have seen improved services but yet to deliver "significant changes" that address the key issues of access and affordability, according to a healthcare expert.