Belt and Road | Greater Bay Area
8 July 2020
President João Lourenço of Angola has opened new facilities for the Angolan Geological Institute, built by Chinese state-owned CITIC Construction Co. Ltd, Lusa reports. The Portuguese news agency quotes Mr Lourenço as saying the institute will help explore for all sorts of mineral resources, and not just oil, natural gas and diamonds. Mr Lourenço said … Continue reading "Angolan Geological Institute gets new Chinese-built home"
7 July 2020
XCMG Bank Brazil, owned by the Chinese maker of construction equipment Xuzhou Construction Machinery Group Co. Ltd (XCMG), has opened for business, Xinhua reports. The Chinese government-run news agency quotes XCMG Chairman Wang Min as saying in his speech at the opening ceremony, held online, that he believes the bank can serve Chinese and Brazilian … Continue reading "XCMG Bank Brazil getting down to business"
7 July 2020
The branch of the Confucius Institute in São Tomé e Príncipe has held the São Toméan heat of the 19th Chinese Bridge, an annual competition among students of Chinese language and culture around the world, the Chinese Embassy in São Tomé says. The embassy issued a written statement saying six middle-school pupils and four University … Continue reading "Heat of Chinese language contest held in São Tomé e Príncipe"
6 July 2020
Portugal-China Young Entrepreneurs Association President Alberto Carvalho Neto thinks changes in the rules on trade between Macao and Mainland China may mean more business for Portuguese companies based in the city, Lusa reports. The Portuguese news agency quotes Mr Carvalho Neto as saying having more goods of Portuguese origin covered by the Closer Economic Partnership … Continue reading "CEPA changes tipped to benefit Portuguese companies"
6 July 2020
Work on important transport infrastructure projects in Angola, some overseen by Chinese companies, will resume after an interruption due to the Covid-19 pandemic, Lusa reports, quoting the Angolan Ministry of Transport. The Portuguese news agency, citing a document issued by the ministry, says the government has given priority to 13 projects, among them projects to … Continue reading "Chinese contractors to restart work on projects in Angola"
6 July 2020
The International Finance Corporation (IFC), an arm of the World Bank, is lending the African subsidiary of Chinese manufacturer Keda Industrial Co. Ltd US$33.5 million to build a factory in Mozambique for making ceramic tiles, the parent company says. Keda Industrial told the Shanghai Stock Exchange in writing that the money is part of US$165 … Continue reading "Keda Industrial borrows US$33.5 mln for Mozambican factory"
3 July 2020
The International Economic Development Bureau of the southern Chinese province of Hainan and six groups representing Chinese businesses operating in Europe have agreed on Tuesday to cooperate in promoting Sino-European economic engagement, the Hainan Daily reports. The Hainan government-run newspaper says the agreement provides for the exchange of information and the holding of events meant … Continue reading "Hainan, Chinese business groups to spur Sino-European trade"
3 July 2020
Over 330 companies in 38 or more different parts of the world took part in the Brazil’s Independent Games (BIG) Festival, which was held online last week, the Brazilian Trade and Investment Promotion Agency says. The agency issued a written statement saying that among the entities taking part were ByteDance Ltd, the operator of the … Continue reading "Notable Chinese attendance online during BIG Festival"
2 July 2020
Governor João Doria of the Brazilian state of São Paulo has said he expects this week permission from the federal regulator to begin trials in the state of a Chinese-developed vaccine against the Covid-19 virus, called CoronaVac, Reuters reports. The news agency quotes Mr Doria as telling a press conference on Monday that 9,000 people … Continue reading "São Paulo set to try out Chinese vaccine against Covid-19"
2 July 2020
The Portuguese heat of the 19th Chinese Bridge, an annual competition among students of Chinese language and culture around the world, was held online because of the Covid-19 pandemic, Xinhua reports. The Chinese government-run news agency says four students, representing respectively Aveiro University, Lisbon University, Minho University and Coimbra University, competed in the Portuguese heat, … Continue reading "Students in Portugal vie online in Chinese language contest"
2 July 2020
The China Chamber of Commerce for Import and Export of Textiles says over 160 potential buyers in Brazil, Peru, Bolivia and other South American countries took part in an online trade fair for goods made in the eastern Chinese province of Zhejiang. The chamber issued a written statement saying over 50 Zhejiang suppliers of textiles … Continue reading "South Americans scout online for Zhejiang textiles to buy"
1 July 2020
An art education museum designed by Portuguese architect Álvaro Siza Vieira will open in November in Yinzhou, in the eastern Chinese city of Ningbo, the authorities there say. A written announcement posted on the Yinzhou District official website says work on building the Huamao Art Education Museum is complete. The announcement says the structure, near … Continue reading "Museum designed by Portuguese to open in Ningbo in November"
1 July 2020
Brazilian Agriculture, Livestock and Supply Minister Tereza Cristina Dias says she is endeavouring to open the Chinese market for grapes to Brazilian exporters, Xinhua reports. The Chinese government-run news agency quotes Ms Dias as saying in an interview published on Friday that Brazil is also keen to sell China chestnuts, still wine, sparkling wine and … Continue reading "Minister trying to open Chinese market for Brazilian grapes"
1 July 2020
An analyst for credit rating agency Moody’s Corp’s Global Financial Risk Unit thinks the Moody’s rating for Angola will be unimpaired by any debt relief China may be about give the country, Lusa reports. The Portuguese news agency quotes the analyst, Aurelien Mali, as saying on Sunday Chinese financial aid to Angola is a matter … Continue reading "Analyst shrugs off effect of easing of Angolan debt to China"
30 June 2020
Huawei Technologies Co. Ltd of China has started in Portugal an international drive to set up information and communications technology academies, the Dinheiro Vivo website reports. The Portuguese financial news website, citing a written statement issued by Huawei, says the company will from partnerships with Portuguese universities to come up with ICT courses and course … Continue reading "Huawei helping Portuguese universities set up ICT academies"
30 June 2020
The Brazilian state-owned oil company, Petrobras, has begun using a Chinese-built floating production, storage and offloading (FPSO) vessel, the Petrobras 70, to extract oil and natural gas from the Atapu area of the Santos Bay pre-salt field off Brazil, Agência Brasil reports. The Brazilian state-run news agency says the Petrobras 70 began work about 210 … Continue reading "Petrobras puts Chinese-built FPSO vessel to work off Brazil"
30 June 2020
The Timorese government has agreed to accept military aid from China, which will be given free of charge, ANTIL reports, citing the Minister of the Presidency of the Council of Ministers, Fidélis Magalhães. The Timorese state-run news agency quotes Mr Magalhães as saying last week the cabinet has given Timorese Ambassador to China Abrão dos … Continue reading "Timor-Leste agrees to accept gift of military aid from China"
29 June 2020
The regulator of the electricity industry in Brazil, ANEEL, said on Tuesday it is allowing power distributors to borrow so they can delay increases in the prices they charge, which the slump caused by the Covid-19 pandemic has made inevitable. A written statement issued by the regulator says distributors may ask a syndicate of banks … Continue reading "Covid-19 loans for Brazilian power distributors permitted"
29 June 2020
A joint venture by Angolan state-owned miner of iron ore Ferrangol EP and Chinese-owned Sociedade Niobonga – Comércio Geral is due to begin this year mining niobium in Quilengues in the southwestern Angolan province of Huíla, Angop reports, quoting a local government official there, Adriano Pedro. The Angolan state-run news agency quotes Mr Pedro as … Continue reading "Chinese-owned company investing in Angolan niobium mine"
29 June 2020
Official figures indicate that the value of Sino-Mozambican trade was US$204.4 million in the first quarter of this year, making China the third-biggest trading partner of Mozambique. A document published by the Mozambican National Statistics Institute says China was the source of 8.5 percent of Mozambican imports in the first quarter, or US$161.5 million worth, … Continue reading "China among top three Mozambican trading partners in 2020Q1"
