The China-Brazil Fund is a bilateral investment cooperation fund established by the Chinese and Brazilian governments to funnel Chinese infrastructure and industrial investment into Brazil.
[1] The fund was jointly established by the Ministry of Planning, Budget and Management and Sino-Latin American Production Capacity Cooperation Investment Fund (Claifund).
[2][3] The fund is focused on infrastructure development according to remarks in 2017 by then Chinese Vice Premier Wang Yang.
[4] The fund is expected to invest heavily in Brazilian railways.
[1] The Brazilian Ministry of Planning, Development and Management announced five projects, four in infrastructure and one in industry, were to be funded in May 2018.