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Chinese investments could play a crucial role in enabling Brazil to boost its industrial capacity and diversify economy.
As the likes of Ford and Mercedes retreat, Great Wall Motor and BYD are building factories and bringing affordable EVs and ...
By Emma Rumney LONDON(Reuters) -From the beaches of Copacabana in Brazil to the neon bars of Shanghai, the world's largest ...
Shares in the company fell 11% in Brussels, the biggest intraday decline since March 2020, erasing €10.2bn off its market ...
Brazil will establish a tax advisory office in China, the Brazilian Finance Ministry said, highlighting the strategic ...
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 ...
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.
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.
In the end, China exceeded market expectations, posting a 5.2% year-on-year growth on July 14 compared to the market forecast ...
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.
China's tech and e-commerce giants remain attractive despite regulatory hurdles. In Brazil, agribusiness and consumer goods companies could see steady growth as domestic demand holds firm.