The strategic partnerships that China has signed in recent decades, particularly with the majority of Portuguese-speaking countries, are a major factor to boost the Belt and Road initiative (BR), according to researchers, Yichao Li and Mário Barbosa Vicente.
The expansion of the Port of Sines, a facility that may become part of the Belt and Road initiative, has been awarded, and now the tender for the concession of the new Vasco da Gama Terminal is underway.
China continues to strengthen its position as the largest bilateral creditor of Mozambique and is expected to continue as such in the coming years, due to new credits being negotiated by the governments of the two countries, according to official figures.
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.
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.
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.
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.
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.
Most Portuguese-speaking countries have fallen in the index of the recently published Travel and Tourism Competitiveness Report, with the exception of Portugal and Angola.
Technical studies for the revamp of São Tomé International Airport, whose limitations make it one of the country’s bottlenecks, are almost complete. The most delicate part, financing, is still being worked out. Prospects are more complicated for another Chinese-built major infrastructure, the deepwater port.
The São Tomé Trade and Investment Promotion Agency (APCI) will follow up on potential deals that resulted from the meeting of entrepreneurs from China and Portuguese-speaking countries, said the director of the São Tomé and Príncipe agency.
Banco Nacional Ultramarino (BNU) is well prepared to participate in the Greater Bay Area project as a business partner of companies in Portuguese-speaking countries and China, said the chief executive director of the first bank ever established in Macau.
Art has been around for at least 10,000 years. It has taken many forms, from paintings on cave walls to dead sheep suspended in formaldehyde. But, whatever the medium, age and location, one thing is for sure: you can tell a lot about a culture when you look at its art. As the late anthropologist Claude Lévi-Strauss said, objects matter.
The diversification of Macau’s economy centred on relations with Portuguese-speaking countries is essential if the territory is to find its place in the Greater Bay Area, said the chief executive of Banco Nacional Ultramarino (BNU).
Could Macao become a destination for religious tourism? The city’s hallowed past may prove an important cog in its future development.
Relations between Macau and Portugal are excellent and our cooperation is also being strengthened in several areas, said the Chief Executive of Macau and the President of the Portuguese Republic at a meeting in Lisbon on Monday.
Mozambique, Equatorial Guinea and Portugal were the most highlighted Portuguese-speaking countries most in the 2nd “Belt and Road” Forum for International Cooperation, during which new partners signed up to the global Chinese initiative.
The 2019 edition of the Macau International Environmental Cooperation Forum (MIECF) will benefit from Portuguese experience in environmental and green taxation, gathered during an exchange visit from the Pan Pearl River Delta region to Portugal.
Angola, under the leadership of President João Lourenço, has been forging “new alliances,” notably with Japan, but continues to prioritise ties with China and the Portuguese-speaking countries, the Economist Intelligence Unit (EIU) said.
The Portuguese-speaking countries (PSCs) will play a key role in the future of Macau outlined in the Greater Bay Area (GBA) Plan of the Central Government of China.