(Bloomberg) -- Shut out of US markets and under fire in Europe, China’s electric-car makers are zeroing in on the countries where they’re welcome. One of the big ones is Brazil.Most Read from BloombergChina Attempts to End Property Crisis With Broad Rescue PackageUS Inflation Data Was Accidentally Released 30 Minutes EarlyWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulencePutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Fro
Chinese EV makers are pushing back against the idea that their success in making affordable cars is due to state help.
China and Hungary will embark on a "golden voyage" in bilateral relations, Chinese President Xi Jinping said after meeting Hungarian Prime Minister Viktor Orban on the third and final stop of his first European tour in five years. Hungary under right-leaning Orban has become an important trade and investment partner for China, in contrast with some other EU nations that are considering becoming less dependent on the world's second-largest economy.