RIO DE JANEIRO — As the world’s two largest economies vie for influence in South America, Brazil sits at the heart of the global power struggle. The choices the country makes in the coming years could reshape the region’s economic and political trajectory, according to analysts. Chinese President Xi Jinping’s recent visit to Brazil for…
BRASILIA, BRAZIL — Chinese President Xi Jinping and his Brazilian counterpart Luiz Inacio Lula da Silva said on Wednesday they had raised the status of their countries’ global strategic partnership during a state visit on a regional tour showing Beijing’s growing diplomatic clout. Xi and Lula said the China-Brazil relationship had become a “Community with…
Brasilia, Brazil — China’s President Xi Jinping will pay a state visit to Brazil Wednesday, fresh off a warm reception at summits of the G20 and APEC groups, both held under the cloud of Donald Trump’s White House return. Xi has said he would seek to “further enhance” ties with Brasilia when he meets counterpart…
China has asked Germany to support efforts to resolve a dispute between the European Union and Beijing over electric vehicle tariffs. Last month, the EU decided to raise tariffs on electric vehicles imported from China to as much as 45.3%. Beijing has been negotiating with the EU to repeal the tariffs and sees Germany –…
Washington — Chinese President Xi Jinping announced a range of measures to boost global development in his remarks Monday at G20 Summit meetings in Rio de Janeiro — highlighting Beijing’s support for its global infrastructure project, the Belt and Road, and a joint technology initiative to support so-called “Global South” nations. Xi said the “Open…
Rio de Janeiro — U.S. President Joe Biden began a historic Brazil trip Sunday, becoming the first sitting American president to visit the Amazon rainforest to mark what the White House calls his “legacy” on fighting climate change, couching it in economic terms of the race between countries in “harnessing the clean energy revolution.” Biden…
The S&P 500 Index has given back more than half of its post-election rally as Friday’s selloff steepens, with sticky inflation and hawkish comments from the Federal Reserve weighing on sentiment. The broad equities benchmark was down 1.4 percent at midway through the session, putting it on track to lose 2.2 percent for the week,…
AST SpaceMobile Inc., which aims to challenge Elon Musk’s SpaceX in the nascent market for space-based cellular service to mobile phones, has signed contracts with Jeff Bezos-founded Blue Origin and at least one other unnamed provider to launch dozens of its satellites into orbit. The Midland, Texas-based company will use Blue Origin’s forthcoming New Glenn…
brussels — As China and Peru prepare to sign an updated free-trade agreement at this year’s Asia-Pacific Economic Cooperation summit, Chinese President Xi Jinping is set to inaugurate a Chinese-financed mega port in Peru, known as Chancay, while attending the APEC meetings. China promotes the Chancay port on Latin America’s Pacific coast as a key…
Taipei, Taiwan — Chinese President Xi Jinping departs on a nine-day diplomatic tour to Latin America on Wednesday, during which he will inaugurate a Chinese-financed megaport in Peru and attend the Asia-Pacific Economic Cooperation Summit in Lima and the G20 Summit in Brazil. Analysts say the trip is part of China’s attempt to expand its…