Tag: China

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.

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.

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.

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.

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).

4 June 2018

The growing adoption of China’s currency by central banks was advocated at a forum on foreign reserve management in Southern Africa held in Harare, Zimbabwe, with the participation of 14 countries in the region, including Angola and Mozambique.

28 May 2018

China’s direct investment in Portuguese-speaking countries has reached US$$50 billion, Macau Forum Secretary-General Xu Yingzhen said in an interview with local Portuguese-language newspaper Tribuna de Macau.

21 May 2018

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.

18 May 2018

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.

4 May 2018

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.

30 April 2018

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.

20 April 2018

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.

13 April 2018

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.

9 April 2018

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.

16 March 2018

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.

12 March 2018

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.

26 February 2018

China has announced that it intends to extend the “Belt and Road” initiative to Brazil and other South American countries in a move interpreted by analysts as a way of taking advantage of the US retreat in its relationship with the region.

23 February 2018

In 1894, a group of Macao businessmen opened a silk reeling factory, setting a new milestone for their community. With more than 800 men and women employed there, the factory was the largest industrial plant owned by Chinese in Macao.

21 February 2018

The diversification of the Cabo Verdean economy is high on the list of priorities for the archipelago’s government, which intends to attract more investment, especially for infrastructure, to improve the business environment and to open up to emerging economies, Portuguese trade and investment promotion agency AICEP Portugal Global said recently.

15 February 2018

In November 2017, Macao began restoration of the seven bronze statues that grace the facade of its most famous landmark: the Ruins of St. Paul’s, the last vestiges of a 17th-century church.

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