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Ten Chinese Companies Eyeing BRICS Markets
Aug 31, 2017

Leaders of BRICS countries - Brazil, Russia, India, China and South Africa, are scheduled to meet in Xiamen, a resort city in Fujian province, from Sept 3 to 5.

Earlier in August, BRICS commerce ministers also reached agreements at a meeting in Shanghai to boost trade, investment, e-commerce and cooperation in intellectual property rights.

Here are 10 cases of Chinese companies exploring BRICS markets beyond their home market this year, which can offer a glimpse of business dynamics in this bloc. Let us take a look.

No 1 Gezhouba discloses its plan to buy Brazilian water utility

No 2 CIC-led consortium buys 90% stake in Brazil gas pipeline

No 3 Xiaomi debuts in Russia

No 4 China Railway to build high-speed line in Russia

No 5 Ant Financial's Alipay expands into Russia

No 6 CPECC's Russian deal to secure gas supplies


No 7 Alibaba to build data center in India

No 8 China Development Bank links with Absa bank to fund SMEs in Africa

No 9 Bank of China sings MoU with South Africa's trade ministry on cooperation

No 10 Sinopec acquires Chevron African assets

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