Brazil–China relations Brazil, with financing oil exploration to repairing railways.The repair of railways and infrastructure came ahead of the Rio Olympics in 2016. There is also a trade phase from raw materials to heavy equipment and industrial goods. The two countries have also signed a currency agreement that will include up to $30 billion dollars worth of Chinese Yuan and Brazilian real. This deal was signed to provide an alternative currency to the US Dollar with respect to the Chinese Yuan. China is considered Brazil's largest trading partners. Brazil and China are members of an economic organization called BRICS, also consisting of
Currency of Venezuela The need for a uniform national coinage was great, but the economic situation was unfavorable and it proved impossible to erect a mint at this time. Foreign coins were given new ratings. The currency in circulation was generally in poor condition, and larger sums were weighed rather than counted. A decree of December 3, 1870 ordered all coins accepted by tale, no matter what their condition, but sellers either continued to weigh coins or else they raised prices. "El Banco de Londres y Venezuela, Limitado" was established at Caracas January 1, 1865 with a capital of £500,000 sterling. It was