Chinese capital eyes Brazil's high-tech sector

Focus shifting from agriculture and mining as trade surges dramatically

RIO DE JANEIRO - China will invest $4.5 billion in Brazil's technology sector this year, as Chinese investment in the Latin American country shifts from agriculture and mining.

Chinese investment is expected to hit $9 billion this year, with half of it going into high-tech industries, Alessandro Teixeira, deputy minister of Brazil's Ministry of Development, Industry and Foreign Trade, told China Daily.