As Chinese President Xi Jinping inaugurated the US$3.5 billion Chancay port in Peru last week that promises to jump-start exports in the region and create a gateway to China, US Secretary of State Antony Blinken oversaw a ceremony just a few miles away to give US$6 million in 1980s diesel locomotives to the Andean nation….
1. Chinese EV makers Nio, Xpeng, Geely’s Zeekr and Leapmotor face do-or-die moment amid overcapacity and tariff woes China’s electric-vehicle manufacturers face a critical juncture as overcapacity and high tariffs force unprofitable companies to cut costs and launch new models to survive in a fiercely competitive market. Only self-sustaining firms will endure, analysts predict, as…
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…
Donald Trump’s election to a second term in the White House has signalled a break in multilateralism from Washington, if not the end of it. Expectations are the United States will prioritise trade wars over tariff reduction, fossil fuel development over renewable energy, and isolationism over unshrinking support for allies in conflicts. Still, there are…
A Chinese tech company has signed a deal in Brazil that positions it as a potential challenger to Elon Musk’s Starlink satellite internet constellation in the region. Shanghai-based SpaceSail on Tuesday signed a memorandum of understanding with Brazil’s state-owned telecoms firm Telecomunicacoes Brasileiras (Telebras) coinciding with Chinese President Xi Jinping’s state visit to the Latin…
RIO DE JANEIRO (AP) — Brazilian President Luiz Inácio Lula da Silva on Wednesday welcomed China’s President Xi Jinping for a state visit at the Alvorada Palace in Brasilia, the latest sign of deepening ties between the two countries that analysts say may accelerate as Donald Trump returns to the White House in 2025. China…
RIO DE JANEIRO — Brazilian President Luiz Inácio Lula da Silva on Wednesday welcomed China’s President Xi Jinping for a state visit at the Alvorada Palace in Brasilia, the latest sign of deepening ties between the two countries that analysts say may accelerate as Donald Trump returns to the White House in 2025. China overtook…
Brazilian financial-technology company Nu Holdings Ltd. is considering plans to shift its legal base to the UK, in a move that would mark a major win in Britain’s push to encourage more tech companies to move to the country. The digital challenger bank has been working with the British government on the plans, which were…
Text size Chinese President Xi Jinping on Wednesday called for a ceasefire in Gaza, as he visited Brazil’s capital, the state-run Xinhua news agency reported. Xi expressed concerns about the spread of the conflict in Gaza, and “called for a ceasefire and an end to the war at an early date,” the agency said, as…
Presidents of China and Brazil hail ‘new phase’ in relations between two countries, which are major trading partners. Chinese President Xi Jinping and his Brazilian counterpart Luiz Inacio Lula da Silva have inked dozens of trade and development deals, as the pair held talks in Brazil’s capital aimed at deepening ties between the two countries….