Brazilian labor authorities have identified Chinese workers at a BYD construction site in Bahia as victims of human trafficking, alleging "slavery-like conditions." BYD and contractor Jinjiang Group have agreed to house hotel workers and negotiate contract resolutions. Jinjiang denies the allegations, attributing them to translation errors. BYD has accused "foreign forces" of targeting Chinese brands to undermine relations between China and Brazil. The case has sparked backlash on Chinese social media over worker rights and strained China's image in Brazil, a key overseas market for BYD.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Brazilian labor authorities have identified Chinese workers at a BYD construction site
00:07in Bahia as victims of human trafficking, alleging slavery-like conditions.
00:11BYD and contractor Xinjiang Group have agreed to house the workers in hotels and negotiate
00:17contract resolutions. Xinjiang denies the allegations, attributing them to translation
00:22errors. BYD has accused foreign forces of targeting Chinese brands to undermine relations
00:28between China and Brazil. The case has sparked backlash on Chinese social media over workers'
00:33rights and strained China's image in Brazil, a key overseas market for BYD.