10 August 2020
The China (Xuzhou) Cross-Border E-Commerce Comprehensive Pilot Area, in the east of the country, shipped out last week its first direct export order, for excavator parts for Brazil, the Xuzhou Daily reports. The newspaper said on Wednesday the parts were made by XCMG Zhilian Logistics Service Co. Ltd, a subsidiary of Xuzhou Construction Machinery Group … Continue reading "New Chinese e-commerce zone ships first order to Brazil"
7 August 2020
Governments and other investors from Portuguese-speaking Countries could issue green bonds in Macao and Hong Kong, according to Jacky So Yuk-Chow, a finance professor at the University of Macau’s Faculty of Business Management. The report by the Lusa news agency quoted the academic as saying that Macao’s historic, cultural and linguistic ties to the Portuguese-speaking … Continue reading "Macao could be platform for green bonds, says academic"
7 August 2020
Agribusiness consultancy StoneX expects soy production in Brazil to grow by 8 per cent to a record 132.6 million tonnes next season as farmers expand acreage to meet strong Chinese demand, Reuters reports. The news agency quotes StoneX as predicting in a forecast released on Tuesday that Brazilian soybean plantings would expand to a record … Continue reading "Brazil forecast to produce record soybean crop"
6 August 2020
Brazilian miner of iron ore Vale SA is thinking about loading its very large ore carriers, called Valemax ships, at the northern Brazilian port of Alcântara, where the water is deep enough for them, the South China Morning Post reports, citing port operator Grão-Pará Multimodal (GPM). The Hong Kong newspaper quotes GPM Executive Director Paulo … Continue reading "Vale mulls loading Valemax ships at Alcântara in Brazil"
6 August 2020
Macao Legislative Assembly Member José Pereira Coutinho has called for long-haul air services between Macao and the rest of the world – in particular, the Portuguese-speaking world, Ponto Final reports. The Macao newspaper quotes Mr Pereira Coutinho as saying the city could become a staging post for Mainland Chinese tourists travelling to Europe. Mr Pereira … Continue reading "Lawmaker calls for intercontinental flights to Macao"
5 August 2020
China National Cereals, Oils and Foodstuffs Corp. (COFCO) and the International Finance Corporation (IFC), an arm of the World Bank, have got together to try to make sure the farming of soybeans in Brazil is sustainable, COFCO says. The Chinese state-owned commodities trader issued a written statement saying it will use geographical information, including satellite … Continue reading "COFCO, IFC monitor sustainability of Brazilian soybean farms"
4 August 2020
The board of Brazilian miner Vale SA is due to consider this month a proposal to expand the Vale mining complex in the northern Brazilian state of Pará to meet strong demand for iron ore in China, Reuters reports. The news agency quotes Vale executives as saying theirs is the only mining company capable of … Continue reading "Demand in China prods Vale to mull greater iron ore output"
4 August 2020
The 34th Portuguese Summer Course, organised by the University of Macau (UM) Department of Portuguese, has ended. This is the first time that UM has held this course online. Students are very pleased with the arrangements and were very active in the language courses and theme-based courses. During the closing ceremony, Dora Gago, director of the … Continue reading "UM’s online Portuguese language summer course ends"
3 August 2020
Chinese drugmaker Sinopharm Group Co. Ltd and the authorities in the Brazilian state of Parana will soon ask permission to begin what would be the second clinical trial in Brazil of a potential Chinese vaccine against the Covid-19 virus, Reuters reports. The proposal will be submitted to the Brazilian federal regulator, Anvisa, in the next … Continue reading "Sinopharm wants to try out Covid-19 vaccine in Brazil"
31 July 2020
Transportation equipment manufacturer China International Marine Containers Co. Ltd (CIMC) has shipped a batch of liquefied natural gas (LNG) tanks to Brazil, China Finance Online reports. The Chinese website quotes Shenzhen-listed CIMC as saying in a written statement that the Brazilian customer ordered the tanks from a subsidiary, CIMC Enric, in late March for delivery … Continue reading "CIMC sends shipment of swiftly made LNG tanks to Brazil"
30 July 2020
Solar power company Canadian Solar Inc. said on Monday it intends to list shares in its photovoltaic module and systems business either on the Shanghai Stock Exchange Science and Technology Innovation Board or in the Shenzhen Stock Exchange ChiNext Market. Canadian Solar issued a written announcement saying it will seek to sell equity to investors … Continue reading "Canadian Solar to list shares in module business in China"
29 July 2020
Brazilian law firm Nelson Wilians e Advogados Associados and Beijing DHH Law Firm of China have agreed to form a partnership, the Migalhas website reports. The Brazilian legal news website quotes Nelson Wilians partner Marcel Daltro as saying the new arrangement is ambitious, but essential because China is the biggest trading partner Brazil has. Mr … Continue reading "Brazilian, Chinese law firms agree to form partnership"
29 July 2020
The government of Brazil will remove on Saturday all duties on imports of components for solar power generating equipment, which may help Chinese makers of such components, the China FerroAlloy Market website reports. The Chinese website says the Brazilian Ministry of the Economy will abolish import duties on 101 sorts of solar module, solar cell, … Continue reading "Chinese parts for solar farms soon to become cheaper in Brazil"
27 July 2020
Brazilian Foreign Trade Association President José Augusto de Castro predicts that China will reinforce this year its position as the main market for Brazilian exports, Agência Brasil reports. The Brazilian state-run news agency quotes a document compiled by the association as forecasting that the value of Brazilian exports will reach US$192.7 billion this year, and … Continue reading "China forecast to remain main market for Brazilian exports"
27 July 2020
The University of Macau (UM) held an online opening ceremony for its 34th Portuguese Summer Course. This year’s course continues to attract students and professionals from all over the world. Through video conference and pre-recorded videos, Ambassador Paulo Cunha Alves, consul general of Portugal in Macao and Hong Kong; Prof Rui Martins, vice rector of UM; … Continue reading "UM’s online Portuguese summer course attracts people from around the world"
27 July 2020
“Macao Franchise Expo 2020” (MFE) will be held at The Venetian Macao from 22 to 24 October. In order to further interest the general public in franchise business and to enable more companies to learn how to improve their brand’s competitiveness through online training, the Macao Trade and Investment Promotion Institute (IPIM) will work with … Continue reading "”Macao Franchise Expo 2020 Online Training Seminar” Opens for Applications to Improves Competitiveness of SMEs’ Brands"
24 July 2020
Chinese maker of electrical appliances and electronics TCL Electronics Holdings Ltd said on Tuesday it has doubled to 80 percent its stake in its joint venture in Brazil, SEMP TCL. TCL issued a written announcement saying the Brazilian competition authority, CADE, has permitted the acquisition on condition that the period of a non-competition agreement is … Continue reading "TCL takes majority stake in its Brazilian joint venture"
23 July 2020
Chinese shipbuilder BOMESC Offshore Engineering Co. Ltd says its subsidiary in the northeastern Chinese city of Tianjin has clinched the contract to build part of a floating production, storage and offloading (FPSO) vessel for MODEC Offshore Production Systems (Singapore) Pte Ltd, a subsidiary of MODEC Inc. of Japan. BOMESC told the Shanghai Stock Exchange on … Continue reading "BOMESC subsidiary to build FPSO for deployment off Brazil"
23 July 2020
Clinical trials of CoronaVac, a potential vaccine against the Covid-19 virus developed by Sinovac Biotech Ltd of China, begun on Monday in the Brazilian city of São Paulo, Agência Brasil reports. The Brazilian state-run news agency says 890 volunteers there will receive a first dose of the vaccine, to be followed by a second dose … Continue reading "São Paulo starts trials of Sinovac Biotech Covid-19 vaccine"
Macao experts participate in discussions on the financial sector’s response to the Covid-19 pandemic
23 July 2020
The sixth session of the international webinar on the Covid-19 pandemic, which focused on the global financial sector’s response to the pandemic, was held on 21 July. Macao’s financial experts, including representatives from the Macao Monetary authority and the Bank of China (Macao Branch) took part in the discussions and exchanged experiences with their counterparts … Continue reading "Macao experts participate in discussions on the financial sector’s response to the Covid-19 pandemic"
