Day: December 27, 2024
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Panama President Rules Out Talks With Trump Over Canal Threat
By Juan Jose Rodriguez Panamanian President Jose Raul Mulino ruled out negotiations with U.S. President-elect Donald Trump over control of the Panama Canal on Thursday, denying that China was interfering in its operation. Mulino also ...
Move Over Mercedes: Chinese Cars Grab Mexican Market Share
By Yussel Gonzalez The growing popularity of Chinese sport utility vehicles and pickup trucks has shaken up Mexico's luxury car market, hitting sales of traditionally dominant brands such as Mercedes-Benz and BMW. According to industry ...
EV Giant Byd Contractor Denies ‘Slavery-Like Conditions’ in Brazil
A contractor for Chinese EV giant BYD denied on Thursday there were "slave-like conditions" in a Brazil factory, where local officials said they found evidence of forced labor. Local officials in Brazil's northeast Bahia state, where the BYD factory was being ...
World Bank Boosts China’s Growth Forecasts, Calls for Structural Reforms
The World Bank has revised its growth outlook for China upward but warned that the country must implement bold structural reforms to address persistent economic vulnerabilities. In its December 2024 China Economic Update, the World Bank forecasted GDP growth ...