China, Brazil complete first trade in local currency
CGTN
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Trade between China and Brazil has realized a full-process, closed-loop transaction in both country's local currency for the first time, according to the Chinese Embassy in Brazil on Monday.
Japanese automaker Toyota Motor Corp. on Tuesday signed an agreement to establish a wholly owned electric vehicle (EV) plant in Shanghai, in a strategic move to bolster its presence in China, the world's largest automotive market.