Demarest Advogados is inaugurating a Chinese Department that will become part of the firm's already existing ASIAN DESK.
Chinese attorney Jun Zhang, who has more than 7 years of experience in Brazil advising Chinese firms seeking investment and business opportunities here, will be the head of the new group alongside of partner Mario Nogueira.
"The Brazilian market is immense and attracts lots of interest from Chinese companies in various sectors. It's important to have support like the Chinese Department to present business opportunities and show how to make the most of them," says Jun Zhang.
Today Brazil is one of the largest destinations for investment from China. According to data from the Brazil-China Business Council (Conselho Empresarial Brasil-China), in the 2012-2013 period, projects for a total of US$8.43 billion were registered.
"After the consolidation of the Korean Desk, which along with the other teams at the firm serves more than 60 clients, we decided to take another strategic step towards a strong entrance into the Chinese market and expanding our client portfolio," explains Mario Nogueira.
The Chinese Department has already received a series of inquiries from companies in a variety of areas, notably, automotive, machinery and equipment, among others. Demarest is expecting to close the year with at least 15 new clients.
About Demarest Advogados
Demarest Advogados is one of Brazil's most prestigious law firms, and one of the largest in Latin America. Founded in 1948, its purpose is to provide legal services of a high standard of quality and excellence in a very wide variety of areas in Business Law.
With offices in Brazil's main cities and in New York, Demarest conducts national and international transactions, serving clients on all continents, especially Europe, Asia and in the Americas. In total there are more than two thousand clients, of whom 15% are listed in the Fortune 500 ranking.
It is also the only Brazilian firm that is a member of Lex Mundi, the largest worldwide association of independent law firms, enabling it to arrange legal exchanges with accredited firms in more than 160 jurisdictions on very short notice.
Demarest Advogados is also a member of the Interlex International Association of Law Firms, key associations that ensure clients of a complete international array of legal services.
Press contact:
Fernanda D'avila
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