Belt and Road | Greater Bay Area
16 July 2020
The amount of soybeans imported by China rose to 11.16 million tonnes last month, 71 percent more than a year earlier and the most in any month yet, Reuters reports, citing figures given by the Chinese customs service. The news agency attributes the rise to the arrival of a flurry of shipments from Brazil, where … Continue reading "Brazilian prices impel Chinese soybean imports to new record"
15 July 2020
Chinese developer of vaccines CanSino Biologics Inc. is in talks about holding clinical trials of a potential vaccine against the Covid-19 virus in Brazil, Chile, Russia and Saudi Arabia, Reuters reports, citing a co-founder of the company, Qiu Dongxu. The news agency quotes Mr Qiu as telling a conference in the eastern Chinese city of … Continue reading "CanSino seeking to try out Covid-19 vaccine in Brazil"
15 July 2020
Bank of China (BOC) Macau Branch General Manager Li Guang says his branch is working toward starting a service to facilitate flows of investment and other financing between China and the Portuguese-speaking world. Mr Li writes in an article published on the World Finance website that the service would give Chinese enterprises information about projects … Continue reading "BOC Macau Branch taking bigger role in international finance"
15 July 2020
China is among the countries where southern Portuguese grower of grapes for the table Vale da Rosa is interested in selling more of its produce, the Fresh Plaza website reports. The website quotes Vale da Rosa General Manager Joaquim Praxedes as saying his company is also interested in selling more grapes in Britain, France, the … Continue reading "Portuguese grower aiming to sell table grapes in China"
14 July 2020
Trade in merchandise between China and Portuguese-speaking Countries reached US$51.775 billion in the period from January to May 2020. It represented a 12.0 percent decline year-on-year, according to data from China Customs. Portuguese-speaking Countries sold goods worth US$37.1 billion to China in the first five months of 2020 – a fall of 12.93 percent year-on-year. … Continue reading "Trade between China, Portuguese-speaking Countries tops US$51.8 bln in January-May 2020"
14 July 2020
Trade in merchandise between China and Portuguese-speaking Countries reached US$41.828 billion in the period from January to April 2020. It represented a 9.57 percent decrease year-on-year, according to data from China Customs. Portuguese-speaking Countries sold goods worth US$30.103 billion to China in the first four months of 2020 – a fall of 10.74 percent year-on-year. … Continue reading "Trade between China, Portuguese-speaking Countries nearly US$41.8 bln in January-April 2020"
14 July 2020
Lisbon University Institute says it will begin teaching in China in September a programme leading to an international executive master’s degree in management. A written announcement by the institute says the programme is the result of a deal struck by its executive education arm and Kingold Training College in the southern Chinese province of Guangdong. … Continue reading "Lisbon University Institute to teach executives in Guangdong"
14 July 2020
Huawei Technologies Co. Ltd of China is working on applying fifth-generation wireless telecommunications technology to automating an iron ore mine in Brazil, the International Mining website reports. The website says this is the outcome of an agreement by the Brazilian subsidiary of Huawei and Brazilian miner Sul Americana de Metais SA (SAM), which is owned … Continue reading "Huawei to apply 5G technology to automating Brazilian mine"
14 July 2020
Angolan Consul-General in Macao Eduardo Velasco Galiano wants more Angolan students to learn Chinese and become teachers of the language, the Macao Polytechnic Institute (MPI) says. MPI issued a written statement saying Mr Velasco Galiano led a party from his consulate-general on visit to the MPI campus for discussions with MPI President Marcus Im Sio … Continue reading "Consul-general hopes more Angolans will learn Chinese"
13 July 2020
Chinese-owned Bison Bank of Portugal has announced that the branch of China Construction Bank Corp. in Britain has given it permission to do business in renminbi offshore, making it the only Portuguese bank with such permission. Bison Bank issued a written announcement saying it therefore expects to do more business. The announcement quotes Bison Bank … Continue reading "Bison Bank enters offshore renminbi market"
13 July 2020
A study of the market concludes that e-commerce presents a big opportunity for Brazilian shoemakers to sell their products in China, the Brazilian Trade and Investment Promotion Agency says. The agency issued a written statement saying the results of the study will be disseminated in a free webinar next Thursday. The statement quotes an official … Continue reading "Brazilian shoemakers advised to try selling online in China"
13 July 2020
Over 5,500 tonnes of fertiliser imported from China by Vera Nova Lda is being unloaded at the western Angolan port of Lobito to supply the provinces of Benguela, Huambo and Huíla, the Angolan state-run news agency, Angop, reports. The Marine Traffic website shows that the SBI Orion delivered the fertiliser from the eastern Chinese port … Continue reading "Angola brings in Chinese fertiliser to make up for shortage"
13 July 2020
Representatives of the Angolan government and Chinese biotechnology company BGI Group are near to striking a deal on equipping three new Angolan laboratories for testing for the Covid-19 virus, Angop reports. The Angolan state-run news agency quotes Angolan Health Minister Sílvia Lutucuta as saying an Angolan scientist would join the Chinese specialists that would oversee … Continue reading "Angola aiming to fit out Covid-19 labs with Chinese gear"
13 July 2020
Huawei Technologies Co. Ltd of China is helping all the main wireless telecommunications companies in Brazil prepare for an auction of radio spectrum for fifth-generation networks, Reuters reports, citing a Huawei executive, Marcelo Motta. The news agency quotes Mr Motta as saying in an interview that Huawei is helping each carrier modernise its infrastructure, and … Continue reading "Huawei helping wireless telcos in Brazil prepare for 5G"
13 July 2020
Mozambique will need Chinese help to repair the damage done to its economy by the Covid-19 pandemic, including the cancellation, suspension or renegotiation of debt payments, the China Daily reports, citing Mozambican Ambassador to China Maria Gustava. The Chinese state-run newspaper quotes Ms Gustava as saying Mozambique is eager for grants of money, financing on … Continue reading "Envoy says Mozambique will need Chinese debt relief"
9 July 2020
China imported crude oil at the rate of 11.93 million barrels per day last month, 25.4 percent faster than a year earlier and the fastest rate in any month on record, the OilX Research website says. OilX Research says the rate last month was 7.4 percent faster than in May as the economy in China … Continue reading "Brazil, Angola take bigger share of Chinese oil market"
9 July 2020
Trading in the stock of Pensana Rare Earths Plc of Australia, which owns the rights to mine rare earths in the central Angolan municipality of Longonjo, has begun at the London Stock Exchange, the company says. Pensana issued a written announcement saying its entire issued share capital is up for trading. The Pensana prospectus says … Continue reading "Prospective seller of rare earths to China listed in London"
9 July 2020
Official data indicate that 30.6 percent of the almost US$597 million worth of merchandise imported by Timor-Leste last year came from China, Lusa reports. The Portuguese news agency, citing figures given by the Timorese Finance Ministry, says 16.2 percent came from Hong Kong and 14.4 percent from mainland China. The report says Indonesia was the … Continue reading "Timorese imports from China worth US$182.68 mln in 2019"
8 July 2020
The Brazilian regulator, Anvisa, says it has given permission for clinical trials of CoronaVac, a vaccine against the Covid-19 virus developed by Sinovac Biotech Ltd of China. Anvisa issued a written statement saying a Brazilian biomedical research centre, the Butantan Institute, asked for permission to try out the vaccine. The regulator says the vaccine will … Continue reading "Trials of Chinese anti-Covid-19 vaccine permitted in Brazil"
8 July 2020
The customs service in the eastern Chinese province of Jiangxi has cleared for import 17,700 tonnes of Brazilian cotton, after an inspection that lasted five months, the China News Service (CNS) reports. The Chinese state-run news agency says the cotton is the first yet imported by the holder of the Jiangxi provincial cotton reserves, a … Continue reading "Brazilian cotton imported by Jiangxi clears customs"
