One of Brazil’s most high-profile Chinese investors has become embroiled in a scandal that threatens to upend its presence in the country. Chinese electric vehicle (EV) manufacturer BYD was building a factory in Brazil’s northeast state of Bahia—which would be BYD’s biggest EV plant outside Asia,
Brazilian miner Serra Verde Group is boosting production of rare earth metals at a time of growing trade friction between the U.S. and China, the world’s dominant supplier of minerals critical to technology.
Brazil has stopped issuing temporary work visas for BYD , the Ministry of Foreign Affairs said on Friday, in the wake of accusations that some workers at a site owned by the Chinese electric vehicle producer had been victims of human trafficking.
By Fabio Teixeira RIO DE JANEIRO/SHANGHAI (Reuters) -Chinese workers at a construction site in Brazil for a factory owned by China's electric vehicle producer BYD are victims of human trafficking, Brazilian labor authorities said on Thursday in a growing controversy in BYD's biggest overseas market.
China's BYD, however, looks set to close the gap after reporting 1.76 million EV sales in 2024. The Shenzhen-based firm's total vehicle sales jumped more than 41% in 2024, year-on-year, to more than 4.2 million. The surge was powered mainly by sales of its hybrid cars.
Last year was Brazil’s hottest on record, its weather agency said Friday, after a record-breaking drought and flooding in the South American country that climate experts have linked to global warming.
Brazil’s calculated approach to the Belt and Road Initiative reflects the unique nature of Latin American politics.
China's Jinjiang Group is in the spotlight after Brazil's labour authorities said workers at a factory it is building for electric vehicle maker BYD were victims of human trafficking working in "slavery-like conditions".
A spokesperson for Chinese automaker BYD has objected to reports about poor conditions at a construction site in Brazil where it is building a factory, saying the allegations were aimed at “smearing”
SAO PAULO -- Brazil assumed the rotating presidency of the BRICS group (Brazil, Russia, India, China, and South Africa) on Wednesday, with an agenda focusing on strengthening Global South cooperation, the Brazilian government said in a statement.
At the same time imports have surged, with China representing a hugely important market for countries such as Brazil, Argentina and Australia. The application for an investigation from domestic associations said that a sharp increase in beef imports in ...
RIO DE JANEIRO/SHANGHAI (Reuters) -Chinese workers at a construction site in Brazil for a factory owned by China's electric vehicle producer BYD are victims of human trafficking, Brazilian labor ...