China and Brazil signed a number of deals on Thursday, ranging from jet sales to power-grid investments, at the end of a summit meant to showcase a bigger global role for emerging economies. The agreements come as Chinese President Xi Jinping wraps up a visit to Brazil for a meeting of the Brics nations, comprising Brazil, Russia, India, China and South Africa. With China’s growing influence in Latin America, Mr. Xi’s presence far outweighed that of the other visiting leaders, most of whom left earlier in the week. In one of the deals, Brazilian plane maker Embraer SA clinched an order to sell 60 regional airplanes to Chinese companies, totaling $3.2 billion at list price. The agreement marks a major advance in Embraer’s China business—a market it has been cultivating for years. Not too long ago, Brazil and China had virtually no trade between them. But in the last […]