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Brazil is currently facing an economic downturn, with an overall budget gap estimated at 6.7 per cent of GDP.
Brazilian flagship social welfare programs like Brasil Sem Miséria and Bolsa Família, have brought millions out of poverty.
China-Brazil trade reached $86.7 billion in 2014.
China is Brazil's top trade partner and the biggest source of foreign investment in the country.
A news report claims a company based in the Cayman Islands, has influenced team selection since signing a contract with the CBF in 2006.
Chinese Premier Li Keqiang left Beijing on Sunday morning for official visits to Brazil, Colombia, Peru and Chile.
Details of the investment will be divulged during the Chinese Premier’s official visit to Brazil next week.
It makes sense to invest in Russia and Brazil, says HSBC emerging markets specialist.
275,000 demonstrators marched in Sao Paulo, say the state’s military police officials.
The Brazilian President urged the National Congress to approve her government's spending cuts and tax increases.
