China's Sinopec announced last week that has agreed to buy a 30 percent stake in the Brazilian unit of Portugal's Galp for almost $5.2 billion, the latest in a series of Chinese companies' ventures into the Brazilian energy sector, Dow Jones reported. What role is the Asian country playing in the Brazilian energy sector, and how is it likely to develop? What strategies are guiding Chinese companies' investments? Is Brazil benefitting from these acquisitions? Will there likely to be pushback against such investments?
Inter-American Dialogue's Latin American Energy Advisor. "What Strategies Are Guiding Chinese Investments in Brazil?." (2011). http://digitalrepository.unm.edu/la_energy_dialog/154