China in $1.4bn Brazil plane deal

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    12 April 2011
    Last updated at 20:40 ET

    Chinese airlines have placed orders worth $1.4bn (£861m) with Brazlian aircraft manufacturer Embraer.

    The deal includes firm orders for 20 planes and an option to buy 15 additional aircraft.

    The pact comes as Brazil’s President Dilma Rouseff begins her visit to China looking to strengthen trade ties with Beijing.

    China is Brazil’s biggest trading partner and foreign investor.

    Excerpt from:
    China in $1.4bn Brazil plane deal