Allan Virtanen, global director of communications and sustainability at Chinese grain trader COFCO, said the company is fully committed to Brazil's "soy moratorium" despite pressure from local farmers to make it more flexible.
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.
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.
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.
As tariffs and geopolitical tensions transform the $700 billion US-China trade corridor, companies are creating sophisticated new supply chains, with banks rapidly evolving to serve emerging trade patterns.
MILAN — For a long time, the denim industry concentrated its production hubs in countries like China, Bangladesh, Pakistan and Mexico. But over the years, various factors led denim manufacturers to spread the supply chain and start to source from countries like Turkey, India or in Eastern Europe.
US President Donald Trump on Tuesday referred to China, India, and Brazil as “tremendous tariff-makers” and said that his administration would no longer tolerate such practices, reiterating his commitment to putting “America First.
China's foreign minister, special advisor to Brazilian president agree to continue efforts to end Ukraine-Russia war - Anadolu Ajansı
China is dominating the clean energy race, Brazil will be steering global climate negotiations, Denmark has approved a world-first tax on livestock emissions and Colombia is saying farewell to fossil fuels. Some observers see the U.S. retreat as a chance ...
America’s 47th president, Donald Trump, fired a salvo on “ high-tariff nations "—Brazil, India, and padosi China. Trump remarked, “ We're not going to let that happen any longer because we're going to put America first. ” Speaking at a Florida Retreat to House Republicans, Trump
Representative Alexandria Ocasio-Cortez on Thursday slammed Trump’s claims that diversity, equity, and inclusion caused the deadly plane crash that killed 67 people near Washington, D.C.—and is drawing attention to the fact that Trump eliminated members of a key aviation safety committee just days before this disaster.