The Brazil China yuan relationship is deepening beyond trade, as Chinese payment systems, banks and reserves take root in Latin America's largest economy.
Key Facts
—The reserves. Since 2023 the renminbi has been Brazil’s second-largest reserve currency, ahead of the euro.
—The plumbing. Brazilian banks now link directly to CIPS, China’s cross-border payment network.
—The bond. Brazil has started the process to issue its first sovereign bond in Chinese currency.
—The investment. Brazil became the top global destination for Chinese investment in 2025, up 45 percent.
Brazil has fired the starting gun on its first yuan bond, the headline of a government finance mission to China this week…
Brazil plans its first sovereign yuan bond, a Panda bond to be announced on a June delegation to China, widening its move away…
Brazil is preparing to issue panda bonds, another indicator of the rising popularity of yuan-denominated assets amid a…
Brazil is set to launch its inaugural panda bonds, aiming to raise up to 5 billion yuan ($735 million). This significant debut…
Brazil plans to issue up to 5 billion yuan in panda bonds, its first-ever yuan-denominated debt, to help private firms access…
Brazil has formally kicked off plans to issue its first sovereign panda bonds. The planned issuance, worth up to 5 billion yuan…
