Technology giant Baidu is willing to invest in Brazil irrespective of the country’s economic health, the China Daily reports.

Baidu’s general manager for Brazil, Yan Di, told a corporate delegation visiting Beijing recently that the company could offer money, technology and access to its mobile Internet base.

The newspaper says Brazil’s recession was temporary and would not affect Baidu’s willingness to invest in Brazil.

In September, Baidu said it would invest US$60 million in Easterly Ventures, a vehicle for strategic investments in tech start-ups.