Belt and Road | Greater Bay Area
5 June 2020
Vale SA executive Luiz Meriz expects shipments to China of iron ore mined by the Brazilian company to increase this year, the China Iron and Steel Association (CISA) says. The Covid-19 pandemic has failed to curb Vale output, a statement posted on the CISA website quotes Mr Meriz, who is in charge his company’s sales … Continue reading "Exec tips Vale annual shipments of iron ore to China to grow"
5 June 2020
Angolan state oil company Sonangol EP has sold eight of the 38 cargos of crude oil it means to export next month, five of them to Chinese state-owned Sinochem Corp., Argus Media reports. The compiler of commodities data says Sonangol usually allocates between seven and 10 cargos of oil each month to Chinese companies, including … Continue reading "Sinochem buying five shiploads of Angolan crude oil"
5 June 2020
The São Toméan and Chinese authorities have agreed to keep up their joint drive against malaria in São Tomé e Príncipe for another two years, STP-Press reports. The São Toméan state-run news agency quotes São Toméan Health Minister Edgar Neves, who signed the extension agreement, as saying China is fully committed to helping his country … Continue reading "Sino-São Toméan effort to keep malaria at bay renewed"
4 June 2020
Sino-Spanish joint venture Tayan Energy will invest 700 million euros (about US$782.2 million) in building over one gigawatt of solar power generating capacity in Spain, Portugal and Italy, Lusa reports, citing a written announcement by the company. The Portuguese news agency says Tayan Energy and Inovolt Ltd of Britain will jointly pursue solar power projects … Continue reading "Tayan Energy to give Portugal 650MW of solar power capacity"
4 June 2020
Brazilian planemaker Empresa Brasileira de Aeronáutica SA (Embraer) may look for new partners in China and India, Reuters reports, quoting Embraer Chief Executive Francisco Gomes Neto. The news agency quotes Mr Gomes Neto as saying in a teleconference on Monday that the partnerships it forms may be in the fields of engineering, products and production. … Continue reading "Embraer amenable to partnerships with Chinese enterprises"
4 June 2020
A laboratory for testing for the Covid-19 virus has opened on Tuesday in São Tomé e Príncipe, staffed by 12 Chinese specialists, Voice of America (VoA) reports. The US government-run international broadcaster says the United Nations World Health Organization (WHO) donated the laboratory, and that the Chinese government chartered a plane to take the components … Continue reading "Chinese helping São Tomé e Príncipe detect Covid-19 virus"
4 June 2020
The Chief Executive, Mr Ho Iat Seng, has met with officials from Guangdong Province to exchange views on, respectively: extending Guangdong-Macao ties; accelerating effort on the Guangdong-Macao Intensive Cooperation Zone planned for the island of Hengqin; and the resumption of normal cross-boundary travel. Mr Ho visited Guangzhou in Guangdong on Tuesday (2 June) to meet … Continue reading "Macao CE in talks with Guangdong officials to extend bilateral ties"
3 June 2020
The Portugal-China SMEs Chamber of Commerce is working on setting up a fund containing 10 million euros (about US$11.1 million) for investment in agribusiness and tourism in Portugal, Lusa reports, citing the head of the chamber, Chow Y Ping. The Portuguese news agency quotes Mr Chow as saying in an interview that he hopes the … Continue reading "Sino-Portuguese chamber aiming to set up 10 mln euro fund"
3 June 2020
Shanghai Buyun Investment Co. fund manager Zhan Xiao thinks China will increase its imports of Brazilian sugar because drought in Thailand has curbed the amount of Thai sugar it can buy, Bloomberg reports. The financial news agency quotes Mr Zhan as saying China will import this year more than the 2 million tonnes of Brazilian … Continue reading "China tipped to buy even more sugar from Brazil"
3 June 2020
Consulting firm Fitch Solutions reckons that Chinese builders have about 41 percent of the construction market in Angola, Lusa reports. The Portuguese news agency, citing a report by Fitch Solutions, says mainland Chinese companies have 31 percent of the important construction contracts in Angola, and that Hong Kong companies have 10 percent. The report says … Continue reading "Chinese have lion’s share of Angolan construction market"
2 June 2020
The operator of the metropolitan railway in the northern Portuguese city of Oporto, Metro do Porto, will begin in the second half of next year trials of new passenger coaches built by China Railway Rolling Stock Corp. (CRRC), the China Daily reports, citing the Chinese state-owned maker. The Chinese state-run newspaper quotes CRRC as saying … Continue reading "Oporto metro to start trials of Chinese-made coaches in 2021"
2 June 2020
China Three Gorges Corp. (CTG) and Energias de Portugal SA (EDP) are jointly building wind farms in Brazil, Reuters reports, quoting the vice-president of CTG’s Brazilian unit, Evandro Vasconcelos. The news agency quotes Mr Vasconcelos as saying in a webcast on Thursday that Chinese state-owned CTG is considering expanding its investment in wind power and … Continue reading "CTG, EDP investing in wind power generation in Brazil"
2 June 2020
Economist Roberto Fendt will join the Brazilian government next month as a deputy minister of the economy, with responsibility for foreign trade and international affairs, Agência Brasil reports, quoting Minister of the Economy Paulo Guedes. The Brazilian state-run news agency says Mr Fendt is the executive secretary of the Brazil-China Business Council. Official figures from … Continue reading "Figure prominent in trade with China joining Brazilian govt"
1 June 2020
Trade in merchandise between China and Portuguese-speaking Countries reached US$31.968 billion in the period from January to March 2020. It represented a 5.13 percent decline year-on-year, according to data from China Customs. Portuguese-speaking Countries sold goods worth US$23.227 billion to China in the first three months of 2020 – a decline of 5.15 percent year-on-year. … Continue reading "Trade between China, Portuguese-speaking Countries tops US$31.97bln in January-March 2020"
1 June 2020
Commodities trader China National Cereals, Oils and Foodstuffs Corp. (COFCO) will begin in July using its terminal in the southern Brazilian port of Santos for loading sugar instead of grain, Reuters reports. The news agency, citing a written announcement by COFCO, says the Chinese state-owned company is making the change in the light of forecasts … Continue reading "COFCO terminal in Santos shifting to handling sugar"
1 June 2020
Chinese maker of electric scooters Niu Technologies has last week opened a showroom in Lisbon with a view to penetrating the Portuguese market, the Motor 24 website reports. Lithium batteries made by EVE Energy Co. Ltd of China power the scooters Niu is selling in Portugal, giving the vehicles a range of up to 100 … Continue reading "NIU begins selling its electric scooters in Portugal"
1 June 2020
Samsung Heavy Industries has installed the first module, the power generation one, on the natural gas production vessel it is building at its shipyards in South Korea for the Coral Floating Liquefied Natural Gas SA consortium, Carta reports. The Mozambican newspaper, citing a written announcement by Coral Floating Liquefied Natural Gas, says the consortium expects … Continue reading "Construction of vessel for tapping Mozambican gas progresses"
29 May 2020
The authorities in Macao will begin next month taking applications by Macao students for annual grants worth up to 84,000 patacas (about US$10,500) to undertake postgraduate studies in Portugal. In a written announcement, the Macao Talent Development Committee says grants will be given to three students to pursue master’s degrees, preferably in the Portuguese language, … Continue reading "Macao offering postgraduates money to study in Portugal"
29 May 2020
The volume of Chinese imports of Brazilian soybeans rose to 5.9 million tonnes last month, 2.6 percent more than a year earlier, Reuters reports, citing figures given by the Chinese General Administration of Customs. The news agency attributes the sequential rise to the weather last month being more favourable for transporting cargo on time than … Continue reading "China imports 5.9 mln tonnes of Brazilian soybeans in April"
29 May 2020
Huawei Technologies Co. Ltd of China has come up with a way to teach Angolan students online while the Covid-19 pandemic confines them to their homes, Angop reports. The Angolan state-run news agency says Huawei has begun testing the set-up last month. The report says the arrangement will let students at seven Angolan institutions of … Continue reading "Huawei set-up to let Angolan students attend classes online"
