Under the Belt & Road Initiative, China, Brazil, Peru have jointly discussed the construction of the 5,000 km railway project; the budget may be as high as 60 billion US dollars. However, according to the latest independent survey conducted by Anbound, the Brazilian economy is in a downturn, its government is corrupt; coupled with political instability, backward infrastructure, and undesirable tax environment, there will be a lot of uncertainties. If Chinese investors want to invest in Brazil, getting profit from the investment would be a very difficult thing. Despite the fact that Brazil's social stability compared to other countries in the Belt & Road Initiative, because of these problems, Chinese investors still need to be cautious in their investments in Brazil.