Chinese investment in Brazil has ballooned to more than $25 billion this year

[1776Forever]

Chinese investment in Brazil has ballooned to more than $25 billion this year
By Solana Pyne
RIO DE JANEIRO, Brazil —

http://www.minnpost.com/globalpost/2010/11/23/23608/chinese_investment_in_brazil_has_ballooned_to_more_than_25_billion_this_year

They’ve snapped up iron mines in the south, bought into oil fields off the coast, and they may be trolling for 850,000 acres of farmland, too.

While Chinese investors spent the last decade buying up natural resources across Africa, this year they’ve begun an unprecedented shopping spree in Brazil. In less than 12 months, Chinese investment has jumped by orders of magnitude — from a registered $82 million in 2009 to more than $25 billion in planned projects reported so far this year.

“It’s the first year where big, big investments — tens of billions of dollars — have been announced,” said Kevin Tang, a director at the Brazil-China Chamber of Commerce and Industry. “This decade will be one where we see an investment boom between China and Brazil.”

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We knew about Africa and now they have their sights on South America. Soon they will own all the resources and where will that leave us? I think we know and no amount of money is going to buy anyone out of that mess! Good job Wall Street you own it!

[BeFree]

1. Navy is next

China is going to need on heck of a Navy to protect its far flung holdings.

It is a requirement of empire that a Navy is there to protect the shipping.
Are we going to sell them ours?

[1776Forever]

2. They have a billion people to choose from - No problem for them to find recruits. n/t

[BeFree]

3. Yeah

Shoot, they could bridge a lot of things, eh?

Read here awhile back that they are building a Navy. They're gonna need it.