The China Development Bank (CDB) and the Export Import Bank of China (EximBank), the central financial vehicles for the "Belt and Road" strategy, are increasingly working with multilateral financial institutions and should strengthen sustainability in the new projects, according to three researchers from non-governmental organisation Chatham House.
For such a compact city, Macao is home to an impressive collection of 44 parks and gardens, covering almost ten percent of the land area. These lush, green outdoor spaces humanise the hard-edge result of urbanisation and provide a near-natural environment for people of all ages to enjoy a moment of tranquillity. But to landscape architect António Saraiva, the parks and gardens in Macao are more than just an escape from the bustle of city life.
Angola and Mozambique, the two largest Portuguese-speaking African economies, are facing high short-term economic and political challenges, according to the Bertelsmann Foundation Transformation Index (BTI 2018).
The second edition of Famílias Macaenses (Macanese Families) by the historian and genealogist Jorge Forjaz consists of six volumes with thousands of pages, encompassing nearly 500 families, with more than 70,000 cited names and over 3,000 photos.
Mozambique is facing a difficult economic and financial situation, but in the next few years, companies will have funds from international institutions for economic diversification projects, according to the latest Africa Report on the country.
The Chinese government will unveil and implement a development plan for the Guangdong–Hong Kong–Macao Greater Bay Area (GBA) later this year and promote in all areas mutually beneficial cooperation between the mainland, Hong Kong and Macao, Premier Li Keqiang said in his government work report to the National People’s Congress (NPC) in March.
China is now the largest financier and builder of infrastructure in Mozambique, and built the Maputo-Catembe bridge, the Maputo circular road, National Road 6 and the fishing port of Beira city, said the ambassador of China to the country, in statements made in Maputo to Macao magazine.
São Tomé and Príncipe, Guinea Bissau and Cabo Verde (Cape Verde), the three smallest Portuguese-speaking African economies, are expected to see economic growth in 2018 well above the average for the sub-Saharan Africa region, according to the latest forecast from the International Monetary Fund.
As Guangzhou intensifies its coordinated efforts to establish itself as the centre for technology innovation in China, it also moves into a leadership position in the Guangdong–Hong Kong–Macao Greater Bay Area project, a major national initiative taking shape in the coming decades.
Thirty-five signed agreements were the most visible result of this year's edition of the Macau International Environmental Cooperation Forum (MIECF), which ran from 12 to 14 April organised by the government of the Macau Special Administrative Region (MSAR).
Architect Jimmy Wardhana was wandering around the old district near the Ruins of St. Paul’s, when he discovered an inconspicuous Chinese doorway that led into a quiet alleyway no more than three metres wide.
Business projects involving China and Portuguese-speaking countries have been receiving official Chinese funding, but the deepening of this cooperation in the "era" of the New Silk Road requires innovative financial mechanisms, the president of the Fund for Cooperation and Development between China and the Portuguese-speaking Countries said in Lisbon.
Mangroves serve as roots of the sea, they protect our shorelines and are a nursery ground for our biodiversity.
A set of measures to promote business tourism in Angola is being introduced, facilitating access to the country and domestic transport, as part of government efforts to stimulate the economy, according to the latest report from the Economist Intelligence Unit.
Western media often connect the term “future” to the word China, to such a degree that there is an urgent need to ask people who work in China today if, from the standpoint of age-old Chinese philosophy, they see time as “a notion of processes and revelations whose opportunity and duration are not consistent with categorisation in a common and comprehensive concept.”
The international public tender for concession of inter-island passenger and cargo shipping has attracted interest from a Chinese shipowner, as well as from similar Portuguese, Cape Verdean and other companies, according to the Africa Monitor Intelligence newsletter.
With proven reserves of 100 trillion cubic feet, Mozambique ranks 12th among the countries with the largest natural gas proven reserves, according to the U.S. Energy Information Administration EIA.
The environmental sector has great potential for cooperation between Portuguese and Chinese companies, and Macau can be an exchange hub, according to officials from both countries.
Since China became Africa’s largest trading partner in 2009, trade has continued to climb, helped by cooperative frameworks put in place by the Chinese government and its African counterparts. The momentum is expected to build over the medium term, and the Beijing Summit of the Forum on China-Africa Cooperation in September is likely to help ensure that these increasingly close economic ties become even closer.
Angola is the African country that has received most Chinese funding for the construction of energy infrastructure since the year 2000, according to a recent study from Boston University, in the United States.