Brazil might be bracing for its worst recession in 25 years but that isn't stopping foreign investors from knocking on its doors.
China's HNA Group on Monday became the latest to take advantage of the collapse in the real and the drop in company valuations to secure exposure to Latin America's largest economy.
The Chinese conglomerate, whose business interests span banking to aviation, has just snapped up a near 24 per cent stake in Brazilian low-cost carrier Azul for $450m.
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