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Brazil's Embraer sells 60 commercial planes to China

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(Globalpost/GlobalPost)

Chinese companies signed agreements Thursday to buy 60 commercial airplanes from Brazilian aviation firm Embraer during a state visit to Brasilia by Chinese President Xi Jinping.

Xi and Brazilian President Dilma Rousseff oversaw the signing of the deal in Brasilia. The amount of the transaction was not released.

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http://www.globalpost.com/dispatch/news/afp/140717/brazils-embraer-sells-60-commercial-planes-china