Rescaling China-Brazil Investment Relations in the Strategic Minerals Sector

摘要

China's overseas activities during the first decade of the 21st century were characterized by state-directed investments, while the Brazilian government was often portrayed as lacking a strategic policy toward the emerging Asian power. Times have changed. In recent years China's activities in Brazil's mineral sector have become more fragmented, while Brazilian subnational entities have assumed greater prominence in directing transnational investment flows. Based on research in both countries between 2011 and 2014, this article presents three developments that help explain the changing scales of China-Brazil mining relations.