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Chinese investors sour on Brazil, and projects melt away
By Brian Winter and Caroline Stauffer
Web version:
http://www.reuters.com/
SAO PAULO, Nov 1 (Reuters) - For Chinese investors, Brazil is no longer the promised land.
After
making a big push into the South American giant in search of raw
materials such as iron ore, as well as a promising market for their
consumer goods, Chinese executives
have grown frustrated with stagnant economic growth, heavy costs and
what they see as a political and popular backlash against their
presence.
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