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Brazil

Chinese mission visits Brazil to inspect cold storage plants

16 May 2018
A technical team from China that includes veterinarians is due to arrive in Brazil at the end of May to inspect and possibly accredit 84 cold storage facilities, the Ministry of Agriculture, Livestock and Supply said on Tuesday in Brasília.

Embratur promotes Brazil as a destination at ITB China 2018

15 May 2018
The Brazilian Institute of Tourism (Embratur) plans to take part in this year's edition of ITB China, one of the main tourism trade fairs in Asia, which takes place from 16 to 18 May in Shanghai, taking advantage of the trip to promote Brazil as a destination in four cities - Beijing, Shanghai, Guangzhou and Hong Kong - according to official information.

Three Gorges launches takeover of EDP-Energias de Portugal and EDP Renováveis groups

14 May 2018
The Public Takeover bids launched by state-owned China Three Gorges to obtain shareholder control of Portuguese groups EDP-Energias de Portugal and EDP Renováveis will face "a marathon of authorisations from regulators, almost certain obstacles in Brussels, a management with its own will and a price that has already been considered low," Portuguese newspaper Observador reported.

Angola owes US$21.5 billion to China at the end of 2017

11 May 2018
Angola's bilateral and commercial debt to China stood at US$21.5 billion at the end of 2017, according to the prospectus of the US$3 billion issue of Eurobonds placed in London this month.

Companies in China announce investments of US$1 billion in Brazil in March/April

10 May 2018
Six investment projects by Chinese companies in Brazil were announced in March and April of this year, three of which worth a total of US$992.7 million, according to the fourth edition of the Bi-monthly Bulletin on Chinese Investments in Brazil of the Ministry of Planning, Development and Management of Brazil.

New Hengqin Area wants to broker Chinese cooperation with Portuguese-speaking countries

10 May 2018
The New Area of Hengqin (NAH) aims to become a pilot region for economic cooperation between China and Portuguese-speaking countries, Yang Chuan, director of the NAH's administrative committee, told the China Daily newspaper.

Brazil-China Cooperation Fund selects five projects for analysis

10 May 2018
The Brazilian and Chinese authorities have selected five projects - four infrastructure construction projects and one in the industrial sector - to receive joint financing of US$2.4 billion from the Brazil-China Cooperation Fund for Expansion of Production Capacity, announced the secretary of international affairs of the Brazilian Ministry of Planning, Development and Management.

Portuguese-speaking entrepreneurs meet in Mozambique

8 May 2018
The first Economic Conference of the Market of the Community of Portuguese Speaking Countries (CPLP) begins on Wednesday in Maputo, Mozambique, with the participation of about 350 people, including entrepreneurs, representatives of business associations, public foreign trade bodies, heads of state and members of the government of the CPLP countries, according to the organising body.

Heavy rains reduce Vale Moçambique’s coal production in 2018

7 May 2018
Flooding in central and northern Mozambique has affected the production capacity of Vale Moçambique's two mines, leading to a downward review of the production in 2018 from 16 million tons to 15 million tons, the chairman of Brazilian group Vale said.

Majority of Angola’s working population works in the informal economy

4 May 2018
Angola is the Portuguese-speaking country with the biggest percentage of its active population working in the informal economy, with a rate of 94%, according to a report recently released in Geneva by the International Labor Organization (ILO).

New deputy secretary-general nominated by Macau takes office at Forum Macau

2 May 2018
The director of the Macau Trade and Investment Promotion Institute (IPIM), Gloria Batalha Ung, took on the role of Deputy Secretary-General of the Permanent Secretariat of the Forum for Economic and Trade Cooperation between China and the Portuguese-Speaking Countries (Macau) on 1 May, taking on both roles, according to official communication.

Food products from Portuguese-speaking countries attract 200 buyers from China

30 April 2018
Two hundred buyers took part in two activities to promote food products from Portuguese-speaking countries in the Chinese municipalities of Huizhou and Dongguan, both in Guangdong Province, the Macau Trade and Investment Promotion Institute (IPIM) reported.

Increase in the number of Chinese tourists in Brazil under analysis in Brasilia

27 April 2018
The actions to be developed to increase the number of Chinese tourists who visit Brazil every year was the theme of a meeting in Brasília between the president of the Brazilian Tourism Institute (Embratur), Marcelo Lima Costa and the Chinese ambassador to Brazil, Li Jinzhang, according to official information.

Angola’s Bioenergy Company expects a turnover of US$300 million in 2018

27 April 2018
Angolan bioenergy company Biocom expects turnover of US$300 million this year with the sale of 100,000 tons of sugar, 20,300 cubic meters of ethanol and 110 gigawatt hours of electricity, an increase of US$130 million compared to turnover in 2017, the company's deputy director general said in Malanje.

Brazil has a new delegate to Forum Macau

26 April 2018
Brazil has appointed Rafael Rodrigues Paulino as the new delegate to the Forum for Economic and Trade Cooperation between China and Portuguese-speaking Countries, an organisation based in the Macau Special Administrative Region, Macauhub has learned from the Ministry of Foreign Affairs of Brazil.

Airline TAP – Portugal has 122 million euros retained in Angola

26 April 2018
Portuguese airline TAP- Portugal in 2017 doubled to 80.8 million euros its subscribed amount of Angola's Treasury Bonds, indexed to the dollar exchange rate risk, given that a year earlier the amount applied was 39.654 million euros, according to the air carrier's annual report and accounts for the 2017 financial year.

Chinese companies invest in solar energy production in Brazil

24 April 2018
Sepco1 Construções do Brasil, a subsidiary of the Powerchina group, has reached an agreement with the state government of Mato Grosso, in Brazil, to build large solar power plants over the next few years, the first of which will require an investment of US$307 million, according to a recent report in the China-Lusophone Brief (CLBrief).

Brazil is the main supplier of pork to China

24 April 2018
Brazil has become the main supplier of pork to China, said Ricardo Santin, vice president of markets for the Brazilian Association of Animal Proteins (ABPA), adding that sales in March increased 178% year-on-year to 13,600 tons.

China Jinjiang Environment takes control of Brazil’s Foxx URE-BA Ambiental

23 April 2018
China Jinjiang Environment will buy 40.3 million new shares to be issued by Brazilian company Foxx URE-BA Ambiental Ltda for a cash payment of 38.5 million reals (about US$15 million), said the company, which transforms waste into electricity, in a statement released on Sunday.

China National Petroleum Corp. negotiates investment in Brazil

20 April 2018
The China National Petroleum Corp. (CNPC) group is negotiating with Brazil's Petrobras a US$3 billion investment in the construction of a refinery in Campos, off the coast of Rio de Janeiro, in exchange for holdings in oil blocks, financial news agency Reuters reported.
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