11 May 2016
11 May 2016
The E190 jet of Brazilian aeronautical company Embraer made its debut in Japan at the service of J-Air, a subsidiary of Japan Airlines, the company said in a statement. The inaugural flight took place between the cities of Osaka and Kagoshima, with the introduction of the E190 in the J-Air fleet increasing the current number of Embraer's E-Jets operating in Japan to 28.
10 May 2016
9 May 2016
Banks from Angola and Brazil have already used the new cross-border payment mechanism in Chinese currency, the manager of the financial institutions department of the Bank of China's subsidiary in Macau told Portuguese-language newspaper Tribuna de Macau. Zhao Hao also said that cooperation network of the Macau branch of the Bank of China with banks in Portuguese-speaking countries has not stopped growing in recent years and that this trend will continue in the future, driven by the launch of the renminbi real time settlement system by the Macau Monetary Authority.
5 May 2016
Trade between China and the Portuguese-speaking countries contracted by 23.03 percent year on year in the first quarter of the year to US$16.727 billion, according to official figures published in Macau. Over the first three months of the year China exported to the eight Portuguese-speaking countries goods worth US$5.844 billion (-44.95 percent) and imported goods amounting to US$10.882 billion (-2.1 percent), assuming a deficit of US$5.038 billion.
5 May 2016
Investment and trade promotion agencies from São Paulo in Brazil and Macau may sign an agreement to intensify the exchange of business missions, ensuring enhanced monitoring on the ground, according to a report from Portuguese-language newspaper Tribuna de Macau. The proposal was presented by the Paulista Agency for Promotion of Investments and Competitiveness (Invests São Paulo), a private non-profit company, maintained by the State government, at a meeting in São Paulo with a business delegation from Macau that went to Brazil to attend the APAS 2016, an international trade fair focused on the supermarket sector.
4 May 2016
3 May 2016
29 April 2016
28 April 2016
Representatives of various companies from Brazil and Peru attended a regional integration meeting focused on the Chinese government's project to build a railway linking the Atlantic and Pacific oceans, reported Chinese TV station CCTV. Held in a city in the west of Brazil, the meeting, similarly to previous ones, was intended to gather information to carry out an economic feasibility study, said CCTV.
27 April 2016
Chinese group Geely has decided to temporarily suspend its sales in Brazil, two years after it entered the market, according to a statement from official importer Gandini Empreendimentos, which said the brand may return if "the internal market returns to normal." Since March 2014, when the Chinese group put its first car up for sale in Brazil until April of this year Geely sold just 1,019 of the two models on sale in the market, the EC7 and GC2.
20 April 2016
China was the main destination for Brazilian agricultural exports in March, soy being the most sought after product, according to official data from the Ministry of Agriculture, Livestock and Supply of Brazil. In March China imported goods from Brazil to the value of US$2.8 billion which represents an increase of 25.6 percent over the same period of 2015.
19 April 2016
18 April 2016
14 April 2016
Angola and Brazil will analyze a possible agreement to make trade payments in the currencies of both countries, said Wednesday in Luanda the minister of Foreign Affairs of Brazil, Mauro Vieira, cited by Angolan news agency Angop. The minister said that the audience granted by the President of Angola also analysed the agreement for cooperation and facilitation of investments signed by both countries in 2015 and issues related to cooperation in the fields of defence, health and education.
8 April 2016
This year Brazil is expected to export over 200,000 tons of beef to China and become the main supplier of this product to the Chinese market, said the president of the Brazilian Refrigeration Association (Abrafrigo). Pericles Salazar said in a statement issued by the association, that although China is facing a period of lower economic growth, beef purchases rose 60 percent in 2015 year on year, "mainly due to the rise of the middle class and new consumer habits."
6 April 2016
5 April 2016
Guinea-Bissau will receive 150 official and business delegations for a meeting in Bissau of businesspeople from China and the Community of Portuguese-speaking Countries, the coordinator of the meeting's technical office said recently. Giving an update on preparations for the meeting, coordinator Bruno Jauad gave assurances that "everything is ready" to welcome the delegations to Bissau on 9, 10 and 11 April.
23 March 2016
23 March 2016
Brazilian airline Azul made an investment of about US$100 million (90 million euros) in Portuguese airline TAP - Portugal, according to a statement posted on its website. "The investment will give Azul the right to hold approximately 40 percent of the economic value of the Portuguese airline at the time of conversion of the security and after approval by the Civil Aviation Authority of Portugal," the statement said.