Chinese drink company Mixue (HKG:2097) will purchase coffee beans and other farm produce from Brazil for 4 billion yuan over the next three to five years, Xinhua News Agency reported Tuesday.
Mixue also intends to expand its footprint into Latin America's largest economy by establishing its first store and supply chain factory, the report said.
Its factory in Brazil is seen to provide 25,000 local jobs, Xinhua said.