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As the likes of Ford and Mercedes retreat, Great Wall Motor and BYD are building factories and bringing affordable EVs and ...
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Brazil debates tariff break for BYD, with opponents warning of lay-offs and investment freeze
Brazil’s government is facing mounting pressure as it decides on a request from Chinese carmaker BYD to reduce import tariffs ...
People are most likely to say the amount of debt their country owes to the U.S. is a very serious problem, with a median of 59% holding this view.
By Emma Rumney LONDON(Reuters) -From the beaches of Copacabana in Brazil to the neon bars of Shanghai, the world's largest ...
China’s ambition to become a global AI leader is more than aspirational - it’s backed by substantial capital and national commitment. Click to read.
At a business forum attended by Lula in Beijing on Monday, Brazil's trade and investment promotion agency said it helped attract around 27 billion reais ($4.8 billion) of Chinese investment to Brazil.
BYD's investment in Brazil - its biggest market outside of China - aims to turn a former Ford factory into a manufacturing complex with capacity to make 150,000 electric cars per year.
Industry and labor groups say China is taking advantage of Brazil's temporarily low tariff barriers to ramp up its exports rather than investing to build Brazilian factories and create jobs.
Brazil is in talks with China to build a railway connecting the Chinese-built mega Chancay port in Peru to Brazilian regions, Planning Minister Simone Tebet said on Friday. "They are very ...
Overall, the growing ties between Brazil and China has brought Brazil’s economic independence into question. As of 2023, China bought 30 percent of Brazil’s exports, more than any other country.
Brazil is also the biggest destination for Chinese investment in Latin America. According to the Brazil-China Business Council, Chinese investment in Brazil since 2007 has totaled more than $73 ...
When Xi Jinping, China’s top leader, returned from the Group of 20 summit in Brazil last November, he made a stopover in Casablanca, where he was greeted with dates and milk, the traditional ...
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