Tag: China

24 January 2020

The acquisition of one of Portugal’s biggest agricultural companies by Macao firm CESL Asia last year may yet be seen as a defining moment in the economic relationship between China, Portugal and our SAR.

17 January 2020

The new São Tomé deepwater port was to be the signature project of the reestablishment of relations between China and São Tomé and Príncipe. But the country’s debt level currently advises against the large-scale state-to-state financing initially forecast.

13 January 2020

Chinese financing on a large scale for the construction of infrastructure in exchange for natural resources, which became known as the “Angola Model” is now being developed into the “Ghana Model” according to researcher Eric Olander, founder of the “China Africa Project.”

6 January 2020

Angola and Cabo Verde are conducting projects to increase security in their main cities, using video surveillance, using Chinese technology and financing, with a view to improving conditions for activities such as tourism.

3 January 2020

Work has begun on building the new deepwater port of Tibar in Timor-Leste. China Harbor Engineering Company (CHEC) is developing the US$490 million project, which will be operated by French firm Bolloré. The scheme is huge in relation to the size of the Timorese economy and the volume of non-oil trade flows, so is it really needed, or will it actually drive economic growth?

10 December 2019

The implementation of the African Continental Free Trade Area (AfCFTA), which includes the Portuguese-Speaking countries, enhances the attractiveness of the continent for industrial investment from China, according to Jeremy Stevens, chief economist of the South African Standard Bank responsible for China.

18 November 2019

Chinese group Huawei will increase its support for StartUP Portugal, the public company responsible for boosting young technology-based companies, under a partnership agreement recently signed in Lisbon.

11 November 2019

The expansion of global trade was an important theme of the 2nd International China Imports Exhibition, during which a set of agreements favouring Macau as a trading platform between Portuguese-speaking countries and China was signed.

5 November 2019

Brazil and Cabo Verde were among the countries to introduce the most reforms throughout 2018 to improve their business environment, although this was not enough to prevent their decline in the World Bank benchmark index.

28 October 2019

Macau has an important role to play as a “knowledge centre” in the Guangdong-Hong Kong-Macau Greater Bay Area (GBA) project, according to some of the leading Sino-Lusophone researchers.

21 October 2019

Bringbuys Web Technology will help promote Cabo Verde in Asia through a new portal to be developed following a protocol signed at the Macau International Fair (MIF 2019), said Ana Lima Barber, president of the Cape Verdean trade and investment promotion agency.

14 October 2019

Mining company Jinan Hi Tech will help bolster China’s presence in Mozambique’s graphite extraction and processing after receiving authorisation from China’s National Development and Reform Commission to buy a 34.01% stake in Australia’s Triton Minerals.

4 October 2019

The good momentum of the Portuguese real estate market continues to attract more and more investors, mainly Chinese. Now, with a few major infrastructure projects set to be launched in the country, including Port of Sines’ new terminal valued at US$640 million, Chinese construction companies are showing interest in partnering with, or even acquiring, Portuguese counterparts.

27 September 2019

European companies, especially in the construction sector, have long complained that Chinese official credit lines make them less competitive vis-a-vis Chinese counterparts in African countries. With a new alliance agreement between Europe and Africa, the business sector is confident that the playing field can be levelled.

23 September 2019

Chinese telecommunications group Huawei is involved in the launch of 4G and 5G mobile network technologies in Mozambique and Cabo Verde, which are expected to help boost the economies of both countries.

2 September 2019

China has been demonstrating “greater sensitivity” to the debt issues of the countries that benefit from its funding, particularly those under the Belt and Road initiative, according to researcher Johanna Malm.

26 August 2019

The modernisation of São Tomé airport will be “one of the major projects since independence” of São Tomé and Príncipe and will boost tourism, the ambassador of the People’s Republic of China Wang Wei said in an interview due to be published in Macao Magazine in September.

23 August 2019

The biggest privatisation programme Angola has ever seen – and likely one of the largest in Africa – will begin this year, involving some of the country’s most important companies. Under the programme, which runs through 2022, the state will sell its stakes in dozens of companies in all sectors.

19 August 2019

Most African countries, including the Portuguese-speaking ones, have been facilitating the entry of Chinese citizens in their respective territories, the aim being to increase investment and tourism, indicates a study by the Migration Policy Institute

12 August 2019

China is a “very important partner” for São Tomé and Príncipe, particularly for “structural projects” such as the airport, new port and housing, São Tomé’s Prime Minister told Macauhub.

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