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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 ...
Lula and China’s Xi Jinping signed on Tuesday more than 30 agreements for Chinese investment in mining, transport infrastructure and ports, as well as the purchase of jets made by Embraer SA.
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 ...
Brazil will establish a tax advisory office in China, the Brazilian Finance Ministry said, highlighting the strategic ...
HWT.UL] is interested in strengthening and improving its capacity as a supplier of data center solutions, it said in a ...
Additionally, Chinese state-owned agricultural conglomerate Cofco is building its largest export terminal outside China at the Port of Santos in Brazil. The state-owned enterprise expects the ...
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.
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.