Brazil’s vulnerability is a big opportunity for Chinese investors Is China the saviour or captor of the Latin American country’s assets? Açu superport near Rio de Janeiro was dubbed the “highway to China” by Eike Batista, the now disgraced former billionaire, when he founded it more than 10 years ago. Little of Mr Batista’s Brazilian business empire survived the end of the commodities boom and he went bust in 2014 in a trail of exaggerated promises and extravagant spending. But one project that has blossomed is Açu port. Revitalised by its new owner, US-based private equity company EIG Global Energy Partners, it has become not only a highway to China but could soon be partly owned by Chinese companies.