Growing innovation capacity among emerging markets and increasing investment flows
between them are creating new, reciprocal opportunities through the deployment of
technological innovations and knowledge transfer. The case of Brazil and China is
particularly relevant in this context. Between 2005 and 2012, the Brazilian energy
sector absorbed USD 18.3 billion worth of investments from China. Sino-Brazilian trade
and political relations have intensified over the past decade.This report focuses
on three main questions: What are the drivers behind Chinese investment in the Brazilian
energy sector? What potential exists for inter-firm technology transfer between the
Chinese and Brazilian companies involved? Do government-sponsored activities and academic
exchanges complement inter-firm technology transfer? The analysis highlights the potential
of energy technology co-operation between Brazil and China, the deployment of innovations
in third countries and, more generally, the intensification of global co-operation
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