On a hillside in the centre of Macao lies a plot of ground that is an important piece of the city’s history – the Old Protestant Cemetery in which 162 people of different nationalities are buried, including some of the most famous foreigners who ever lived here.
The creative and cultural industries have become a significant economic force in Macao in recent years. A report released by the Statistics and Census Service recorded more than 1,700 organisations operating in the sector in 2015, generating total service receipts of MOP6.24 billion.
US group ExxonMobil has acquired a stake in the operator of Mozambique’s northern Area Block 4, where its partners are Italian group ENI (35.7%) and the China National Petroleum Corporation (28.6%).
An exhibition at the Macao Archives offers a rare look at the city’s development from the end of the 19th century to present day, and the work of its architects and engineers.
A few weeks before taking office as the new president of Angola, João Lourenço acknowledged that the country is in need of more incentives to attract further investment and said the Chinese historical leader Deng Xiaoping’s policies were an example of a successful reform.
18 years after its inception, Macau University of Science and Technology has more than 10,000 students and is a leader in product development, research and innovation within the Greater China area.
With the privatisation process of the TACV airline finally launched, the Cape Verdean government is also preparing to make important changes in maritime transport, in a process that is being followed with interest by China.
Ulisses Correia e Silva, Cabo Verdean Prime Minister, discusses how he hopes to work more closely with Asian investors to diversify the West African archipelago’s economy
The Portuguese government’s interest in the country taking part in the “Belt and Road” initiative is becoming apparent through new instruments of institutional and financial cooperation.
The project of the future Special Economic Zone (EEZ) of São Vicente, Cabo Verde (Cape Verde), is a priority for the government and the country is preparing to receive the first facility of this kind, focused on the maritime sector and created with the support of China in the Portuguese-speaking countries.
Many visitors to Macao seek out the Kun Iam temple to marvel at its shrines, gilded statues, and terraced gardens. But few realise that they are standing in what little remains of the oldest settlement in the peninsula – Mong-Ha village.
Down a narrow street in central Macao, close to Avenida de Almeida Ribeiro is the Lu Ban Carpentry Exhibition, dedicated to Lu Ban, a master carpenter, engineer and inventor who lived 2,500 years ago and is generally known as China’s patron of builders and contractors.
China is extending the geographical scope of the “One Belt, One Road” initiative and, according to experts on strategic issues, Portugal will be able to benefit from its inclusion in that strategic initiative launched by the Chinese authorities.
The Macau Trade and Investment Promotion Institute (IPIM) wants more companies from Portugal and Spain to come to Macau to showcase their products, with the Chinese market as their ultimate goal, said the IPIM president, Jackson Chang.
When looking at Latin America, China has historically focused its foreign direct investment in Venezuela. In recent years, however, Venezuela has fallen into major economic depression as a result of poorly crafted public policies and heavy dependency on crude oil exports in a depleted global oil market. In this adverse environment, China began diversifying its investments in Latin America and chose Brazil as one of the main destinations for foreign direct investment in the region.
The role played by Macau as a platform in the relationship between China and Portuguese-speaking countries is viewed with renewed interest by economic agents due to the establishment in the Special Administrative Region of the headquarters of the Fund for Cooperation and the “Belt and Road” initiative drawn up by the central government of China.
Alexis Tam Chon Weng, Secretary for Social Affairs and Culture, discusses how Macao is investing in the development of the cultural sector while improving the quality of life of local residents
The first of the two major natural gas projects will make Mozambique a major energy producer in the world, with Asia and especially China being the main market for the product.
Beijing has thrown its weight behind the ambitious Guangdong-Hong Kong-Macao Greater Bay Area project that it hopes will build a world-class urban cluster in the region by 2020.
Strategic, political and economic value will be decisive for the inclusion by China of African countries in the “Belt and Road” strategy, which will mobilise an investment of more than US$78 billion, according to university researchers.