30 December 2016
The Special Exhibition of Food Products from Portuguese Speaking Countries will remain open until 30 June, 2017 in order to allow more people and traders to get to know those products, said the Macau Trade and Investment Promotion Institute (IPIM), the exhibition's organiser. The Special Exhibition of Food Products from Portuguese Speaking Countries includes a variety of wines, canned foods, processed foods, spices, coffee, tea, milk, juices and other food products especially selected from Angola, Brazil, Cabo Verde (Cape Verde), Guinea-Bissau, Mozambique, Portugal and Timor-Leste (East Timor).
28 December 2016
19 December 2016
15 December 2016
Chicken meat exports from Brazil to China in the first 11 months of 2016 increased 63% compared to the same period of 2015, announced the Brazilian Association of Animal Protein (ABPA). According to the association China imported 451,000 tonnes of chicken meat to become the second largest importer soon after Saudi Arabia.
15 December 2016
Brazilian operator Oi said it had requested legal permission to sell its stake in Timor Telecom to the Investel Communications Limited group owned by Timorese businessman Abilio Araújo, for US$62 million. In a press release, the company - which is in bankruptcy protection - filed the request with a Rio de Janeiro district court to sell the asset.
12 December 2016
9 December 2016
The China Development Bank has approved a credit line in the amount of 1 billion reais (US$294 million) to finance the introduction of electric passenger transport vehicles in Brazil, reported the São Paul newspaper Estadão. The funding will be taken on by BYD Auto Co. a Chinese company, which already has a factory building electric buses in Campinas, São Paulo. Each unit is driven by iron phosphate and lithium batteries and costs one million reais compared to 400,000 reais for a conventional diesel-powered bus.
6 December 2016
5 December 2016
29 November 2016
Chinese group Baidu, best known for its online search engine, is available to apply capital and technology in companies in Brazil, said a group executive in Beijing as he received a delegation of Brazilian businesspeople. Yan Di, director of the group's subsidiary in Brazil, described the current economic situation in Brazil as "temporary" and added that the country has always overcome all economic crises so this will be no exception.
22 November 2016
Zimp (https://zimp.me/), a Brazilian consumer loyalty programme has set upa partnership with Weibo, a Chinese social network, through YouXing, which represents the network in Brazil, to develop e-commerce in both countries, the Brazilian press reported. Under the partnership the Zimp platform can operate in the Chinese market through Weibo, which means that Brazilian brands associated with Zimp may sell to Chinese customers and Chinese brands will start operating on the Zimp platform, thus gaining access to the Brazilian market.
18 November 2016
Trains loaded with coal extracted in Mozambique's Tete province by mining company Vale Moçambique have once again started using the Sena railway heading to the port of Beira, after a standstill of several months, Mozambican daily newspaper Noticias reported. The newspaper also wrote that the Vale train with four locomotives and 84 wagons loaded with coal, reached the coal terminal at the port of Beira on Wednesday morning.
16 November 2016
Chinese company Guangdong Zhenrong Energy will conduct studies for the construction of a refinery in the Export Processing Zone (EPZ) of the Brazilian state of Ceará, under a memorandum of understanding signed on Monday in Zhujiang Xincheng, on the outskirts of Guangzhou, with the governor of the Brazilian state.
14 November 2016
14 November 2016
11 November 2016
7 November 2016
Cristina Morais term as coordinator of the Support Office to the Permanent Secretariat of the Forum for Economic and Trade Cooperation between China and Portuguese Speaking Countries ended on 2 November, according to an order of the Macau Secretary for Economy and Finance. The order from Secretary Leong Vai Tac appoints Cristina Morais for a period of one year to the post of head of the Department of External Economic Relations of the Macau Economic Office, with effect from 3 November.
1 November 2016
28 October 2016
28 October 2016
Trade between China and Portuguese-speaking countries fell 11.22% in the first eight months of the year compared to the same period of 2015, according to figures from the Chinese Customs Services, released by the Forum for Economic and Trade Cooperation between China and the Portuguese-speaking Countries (Macau Forum). According to official statistics the trade between China and Portuguese-speaking countries in the first eight months of the year reached US$60.23 billion.