Chinese state and private firms continue their push into Latin America’s airports, ports, rail, hydropower, and highways, growing hungry for equity in infrastructure deals that provide greater political leverage as they step back from commodity-backed deals. The Brazilian national airport regulator Agencia Nacional de Aviación Civil (ANAC) has approved the first Chinese investment in airports, allowing HNA Infrastructure Investment Holding Group Ltd (HNA) to replace local Odebrecht in the concession for Rio de Janeiro’s airport, the nation’s second largest.