Belt and Road | Greater Bay Area
25 August 2020
Leve, the logistics arm of Brazilian payments company Ebanx, means to begin next year deliveries of goods in Latin American markets other than Brazil, now that it picks them up in China, Forbes reports. The magazine quotes Leve as saying it that since February it has shipped to Brazil 175,000 items ordered online from China. … Continue reading "Leve to expand deliveries of Chinese goods in Latin America"
25 August 2020
Prime Minister Ulisses Correia Silva of Cabo Verde will soon appoint the heads of a special maritime economic zone on and around the Cabo Verdean island of São Vicente, which is backed by China, Inforpress reports. The Cabo Verdean state-run news agency quotes Mr Correia e Silva as saying so at the formal assumption of … Continue reading "Heads of Cabo Verdean economic zone to be appointed soon"
24 August 2020
A private college in Lisbon, Universidade Lusófona de Humanidades e Tecnologias, says it is offering scholarships to 130 citizens of lusophone countries or Macao. The university posted on its website a written announcement saying five of the scholarships are reserved for students from Macao. The university says the second phase of the application process begins … Continue reading "Portuguese university offers scholarships to Macao students"
24 August 2020
A project in Mozambique envisages the construction of power supply infrastructure connecting at least 7,500 households in the southern provinces of Inhambane and Sofala to the national grid within a year, a Mozambican newspaper, Jornal Notícias, reports. The project entails the construction of a power transmission line 240 km long, Jornal Notícias says. Another Mozambican … Continue reading "Chinese, Portuguese contractors in Mozambican power project"
24 August 2020
The Zhuhai Real Estate Registration Center and nine Macao banks have reached an agreement meant to facilitate mortgage lending across the border between Macao and the mainland Chinese city of Zhuhai, the Macau News Agency (MNA) reports. The news agency says the agreement allows Macao residents and companies to register property in Zhuhai and mortgage … Continue reading "Deal reached on mortgaging of Zhuhai property by Macao banks"
21 August 2020
Two Portuguese companies are among the five remaining bidders for the contract to build a cruise terminal on the Cabo Verdean island of São Vicente, in a maritime special economic zone set up with Chinese support, Lusa reports. The Portuguese news agency quotes a written statement issued by the Cabo Verdean port authority as saying … Continue reading "Portuguese builders vie for African cruise terminal contract"
21 August 2020
REA Consult says it has opened an office in Beijing to attract Chinese investment in the Brazilian market for energy from renewable sources. The German investment consulting firm issued a written announcement quoting REA Consult Chief Executive Rachel Andalaft as saying many leading enterprises in China have entered the market by way of mergers and … Continue reading "China tapped for investment in Brazilian renewable energy"
21 August 2020
Brazilian maker of cosmetics Natura & Co. Holding SA intends to do more business in China, now that it has bought Avon Products Inc., Bloomberg reports. The news agency quotes Natura Chief Executive Roberto de Oliveira Marques as saying in an interview that the Chinese market has great potential and presents a real opportunity for … Continue reading "Brazilian cosmetics maker Natura aims to expand in China"
20 August 2020
A Chinese-language version of a guide for would-be investors in Angola, Cabo Verde, Guiné-Bissau, Mozambique, São Tomé e Príncipe, and Timor-Leste has been published in Macao, Lusa reports, citing the MacauLink media group. The Portuguese news agency quotes a written statement issued by MacauLink as saying it collaborated with other businesses and institutions in Macao … Continue reading "Guide for investors in lusophone countries translated"
20 August 2020
The managers of the Macao fiscal reserve have acquired bonds denominated in renminbi, known as panda bonds, which Portugal issued last year, Lusa reports, citing the Monetary Authority of Macau. The Portuguese news agency quotes the authority as saying the managers have also invested in securities issued by some other lusophone countries, without saying which … Continue reading "Some of Macao reserve invested in Portuguese panda bonds"
20 August 2020
Charlestrong Café Co. Lda Chairman Charles Shi of Macao says he has invested HK$20 million (about US$2.58 million) in a venture to process organic coffee grown in Timor-Leste, Lusa reports. The Portuguese news agency quotes Mr Shi as saying his company has imported about 330 tonnes of coffee beans from Timor-Leste this year, and is … Continue reading "Charlestrong invests in processing Timorese organic coffee"
19 August 2020
Ground has been broken for construction in Macao of a centre where artists from China and the Portuguese-speaking world can exhibit their work and do spells as artist-in-residence, Lusa reports. The Portuguese news agency says Chinese artist Ieong Tai Meng is investing over 250 million patacas (US$31.3 million) in building the China, Macao and Portuguese-speaking … Continue reading "Showcase for Chinese, lusophone artists to rise in Macao"
19 August 2020
The developer of the southeastern Brazilian port of Açu, Prumo Logística SA, says it has agreed to sell a one-third stake in its complex of electricity generators at the port to State Power Investment Corp. Ltd (SPIC) of China. Prumo issued a written announcement forecasting that the buyer will take possession of its stake in … Continue reading "SPIC invests in gas-fuelled power complex in Brazil"
19 August 2020
The Chinese-funded expansion of the Luachimo hydroelectric power station in northeastern Angola should be completed in time for the facility to be re-started in the first half of next year, Angop reports. The Angolan state-run news agency quotes Joaquim da Costa, the project manager, as saying over 60 per cent of the expansion work is … Continue reading "Expanded Angolan power station due to reopen in 2021"
18 August 2020
Chery Automobile Co. Ltd of China has launched in Brazil its Tiggo 8 seven-seater sport utility vehicle, made in the central Brazilian municipality of Anápolis, O Estado de São Paulo reports. The Brazilian newspaper says Grupo CAOA of Brazil is the distributor. The report says Chery hopes to Tiggo 8s at the rate of 600 … Continue reading "Chery model made in Brazil goes on sale in Brazilian market"
18 August 2020
The Jack Ma Foundation and the Alibaba Foundation, both Chinese charities, have given Timor-Leste a load of medical supplies, the Chinese Embassy in Dili says. The embassy issued a written statement saying several shipments of medical equipment and supplies have now been sent to Timor-Leste by Chinese donors, some of them by the Chinese charitable … Continue reading "Chinese foundations give Timor-Leste more medical supplies"
18 August 2020
The work of Mainland Chinese and Portuguese women artists will be strongly represented, along with the work of other lusophone artists, at the ArtFem Women Artists 2nd International Biennial of Macao, Lusa reports. The Portuguese news agency quotes Carlos Marreiros, who chairs the organising committee, as saying the biennial will be held in Macao from … Continue reading "Artworks by women go on show in September in Macao biennial"
17 August 2020
China Three Gorges Corp. (CTG) has paid 10 million euros (about US$12.8 million) for 3 million more shares in Energias de Portugal SA (EDP), which the Portuguese electricity company is issuing to raise capital, Lusa reports, citing an EDP announcement. The Portuguese news agency quotes EDP as telling the Euronext Lisbon stock exchange that CTG … Continue reading "Main EDP stockholder, CTG, pays 10 mln euros for more shares"
17 August 2020
Brazil is due to ship to China over 816,800 tonnes of sugar, or 31 percent of its sugar exports scheduled in the coming weeks, Bloomberg reports, citing agricultural consulting firm Datagro. The financial news agency quotes the head of sugar trader Alvean, Paulo Roberto de Souza, as saying the number of ships waiting at Brazilian … Continue reading "Ships queuing to load Brazilian sugar bound for China"
17 August 2020
A Chinese airline will put on a special flight to repatriate Chinese stranded in Mozambique by precautions against the Covid-19 pandemic, the National Business Daily reports, citing the Chinese Embassy in Maputo. The Chinese newspaper quotes a written statement issued by the embassy as saying a Hainan Airlines aircraft is due to leave the Mozambican … Continue reading "Special flight to bring home Chinese stranded in Mozambique"
