The workers who traveled from China to northeast Brazil to build a new factory for electric car maker BYD earned roughly $70 per 10-hour shift, over twice the Chinese hourly minimum wage in many regions.
Brazil’s slow soybean harvest means that supplies are not reaching buyers as quickly as they might have hoped. But China, the destination for more than 70% of Brazil’s annual soy exports, does not appear concerned.
BEIJING -- China's exports to over 160 countries and regions saw growth in 2024, according to the General Administration of Customs. The country's exports grew 7.1 percent year-on-year, reaching 25.45 trillion yuan ($3.55 trillion) last year, marking the eighth consecutive year of growth, according to the latest data released by the GAC.
The Indian stock market has shown volatility since October 2024, yet the Economic Survey 2025 emphasizes its long-term growth, strong profitability, and increased investor participation, with BSE market capitalisation surpassing $5 trillion for the first time in May 2024.
The Economic Survey states that a robust public transportation system will help reduce traffic congestion, promote energy efficiency, and ensure that the benefits of clean mobility are accessible to all socioeconomic groups.
China's foreign minister, special advisor to Brazilian president agree to continue efforts to end Ukraine-Russia war - Anadolu Ajansı
Brazil’s slow soybean harvest means that supplies are not reaching buyers as quickly as they might have hoped.
The Chinese workers hired by BYD contractor Jinjiang in Brazil had to hand over their passports to their new employer, let most of their wages be sent directly to China, and fork over an almost $900 deposit that they could only get back after six months' work,
Chinese workers hired to build BYD's new factory in Brazil faced alleged labor abuses, including withheld passports and unlawful contract clauses. While the factory promised to bring local jobs, controversies over forced labor practices cast a shadow over the project and Brazil-China relations.
The United States President, Donald Trump, has reiterated his threat to impose a 100% tariff on members of the political and economic bloc known BRICS if they ditch the dollar. Trump's threat comes am
The Indian stock market has shown volatility since October 2024, yet the Economic Survey 2025 emphasizes its long-term growth, strong profitability, and increased investor participation, with BSE market capitalisation surpassing $5 trillion for the first time in May 2024.