Chinese EV maker seeks cut while building local plant but other carmakers and regional governors say it could hurt Brazil’s ...

As the likes of Ford and Mercedes retreat, Great Wall Motor and BYD are building factories and bringing affordable EVs and ...

Investing.com -- Spanish telecom giant Telefonica (NYSE: TEF) is replacing all of its 5G equipment made by Chinese ...

Prosus NV has started selling down its stake in Meituan, a holding valued at more than $4 billion, after the Chinese ...

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.

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.

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.

Cofco, a Chinese state food giant, is behind the project, which will become its largest port outside China. The port is part of its recent $500 million investment in 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.

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 ...

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.

After the TMT—or technology, media, telecom—bubble burst in the early 2000s, the promising emerging markets of Brazil, Russia, India, and China became the trendy new investment theme.