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
Brazil national rugby union team Brazil national rugby union team The Brazil national rugby union team, nicknamed Tupis, is controlled by the Confederação Brasileira de Rugby. Brazil is one of the founding unions of CONSUR (now Sudamérica Rugby) and played in the inaugural South American tournament. Brazil has not qualified for a Rugby World Cup, but participated in the first edition of rugby 7s in the Olympics. Brazil currently ranks 3rd in South America (behind Argentina and Uruguay) and 5th in the Americas region. Rugby union in Brazil has a long history, dating back to the late 19th century when British immigrants brought the game