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
National Observatory (Brazil) National Observatory (Brazil) The National Observatory (Portuguese: "Observatório Nacional" or "ON")) is an institution localized in Rio de Janeiro, Brazil. Founded by Pedro I on October 15, 1827, it is one of the oldest scientific institutions in the country. Its initial purpose was to guide the geographic studies of Brazil and teaching navigation. The institute is responsible for the Brazilian Official Time and performs various researches and studies in Astronomy, Astrophysics and Geophysics. It offers post-graduate courses leading masters and doctorate degree. There has been astronomical observation in Brazil since the colonial times. According to Father Serafim Leite, the Jesuits