Features

European companies wake up to China’s Belt and Road initiative

10 September 2018

China's Belt and Road initiative will provide relevant opportunities for European companies in the infrastructure, maritime, logistics, banking and financial services, professional services and energy sectors, according to the European Union Small and Medium Enterprises Centre (EU SME Centre).

China and Mozambique sign eight memoranda of understanding

3 September 2018

Entities from Mozambique and China on Sunday in Beijing signed eight memoranda of understanding in the areas of infrastructure, industry, telecommunications, agriculture and financial services, during a business forum opened by Mozambican President Filipe Nyusi.

World Bank suggests focus on agro-industry and light industry in Mozambique

27 August 2018

The World Bank suggests a stronger focus on agro-industry and light industry in Mozambique as a way to promote job creation and economic development in the coming years.

BRICS bank opens up financing to non-member countries

20 August 2018

The New Development Bank (NDB), a financial institution created by the BRICS countries (Brazil, Russia, India, China and South Africa) is now available to finance non-member countries, becoming a source of funding for public-private projects.

China Railways takes on rail project connecting Mozambique to Zimbabwe

13 August 2018

China Railways has proposed the construction of a rail link connecting Mozambique to Zimbabwe via Zambia, a project costing an estimated US$2.5 billion that will give companies in the latter two countries easy access to Mozambique's ports.

Finding Leptanilla macauensis

10 August 2018

Danny Leong, a Macao-born researcher in his 20s, discovered a new ant species in Macao, making them the fourth species to be named after the city.

Angola opens up the creation of Logistics and Distribution Centres to the private sector

6 August 2018

Logistics and Distribution Centres, with a central role in wholesale and retail supply and price formation, are open to the private sector in Angola, under new legislation already in force.

Typa Anchorage – Beneath Cotai Strip lies a complex history

3 August 2018

Visitors to the Cotai Strip today see a row of luxury hotels and casinos, resembling the famous strip in the American gambling mecca of Las Vegas. Little do they know that the ground beneath their feet was once sea, an anchorage that played an important role in the history of Macao and its part in the Maritime Silk Road.

China provides more than half of external financing for Mozambique’s road network

30 July 2018

Loans granted by China have become increasingly important in the maintenance and construction of roads in Mozambique and are expected to account for 53% of external financing in the road sector in 2018, the local press reported.

Macao Museum exhibition spotlights landmark intact salvage

27 July 2018

The Macao Museum is showing an exhibition detailing the extraordinary story of how a fully loaded cargo junk of the Southern Song dynasty (1127–1279) was recovered from the bottom of the sea off the coast of Guangdong province, where it now sits on permanent display at the Maritime Silk Road Museum.

Brazil aiming to use e-commerce to export food to China

23 July 2018

The reform and opening of China in the last four decades have been “extremely successful,” the head of Brazil’s Trade and Investment Promotion Agency (Apex-Brasil) told Xinhua news agency.

Chagall’s whimsical imagery at our fingertips in Macao

20 July 2018

The Macao Museum of Art (MAM) is showing an exhibition that transports visitors thousands of kilometres away to the southern coast of France, inviting them to experience the sharp light, deep sea blue, and rich colours of the Mediterranean through the work of a celebrated artist.

Chinese credit supports Angolan State financing needs

16 July 2018

Credit granted by Chinese banks will support the financing needs of the Angolan State Budget for this year, which should signal a multi-level policy shift for the country, according to the International Monetary Fund.

From small beginnings come great things – The Bats put Macao Rugby on the map

13 July 2018

If you’re a sports fan in Macao, chances are you tune in to football and basketball games for your weekly sports fix. The little-known sport of rugby is more associated with prep schools and elite colleges, and the smaller-scale sports fields in Macao bear little resemblance to the sprawling manicured lawns of the English boarding school where the sport was born.

Air transport in Mozambique has new competition rules

9 July 2018

The civil aviation sector in Mozambique, which is in the process of liberalisation, as of the end of August will have new competition rules, under legislation recently approved by the government.

African web entrepreneurs on the rise as China-Africa trade expands

6 July 2018

Since China became Africa’s largest trading partner in 2009, trade has continued to flourish, aided 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 Co-operation in September is likely to help ensure that these increasingly close economic ties become even closer.

Portuguese-speaking countries at the forefront of creating an African free-trade zone

2 July 2018

Five of the six Portuguese-speaking African countries are on the list of 44 states that have subscribed to the African Continental Free Trade Area (AfCFTA) project, which received a generally positive reception from civil society.

Zhongshan sees future as world-class manufacturing base, transport hub

29 June 2018

For more than 30 years, Zhongshan has been one of the ‘four little tigers’ of Guangdong, an industrial powerhouse closely linked to the economies of Macao and Hong Kong. With the 13th Five-Year Plan (2016–2020), the central government gave the city four new priorities for its future development.

China’s trade with Portuguese-speaking countries rises 11-fold since the creation of Forum Macau

25 June 2018

Trade between China and the Portuguese-speaking countries has increased 11-fold since Forum Macau was set up in 2003, and the Forum has played a "very important role" in Chinese globalisation, said China's Deputy Minister of Commerce.

Contributions to the Asian Infrastructure Bank boost China’s foreign aid

19 June 2018

China's foreign aid has tripled in the past decade and has been boosted in recent years by contributions to the Asian Infrastructure Investment Bank (AIIB), according to a new study recently conducted by the Japanese International Cooperation Agency (JICA).

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