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Brazil

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.

Citizens of Brazil and Portugal exempt from visas to visit Hainan island

19 April 2018
Brazil and Portugal are the two Portuguese-speaking countries whose nationals no longer need an entry visa to visit the island of Hainan in southern China, provided the stay does not exceed 30 days, announced the State Administration for Immigration, whose officials said the measure would come into effect in May.

Brazil’s Embraer delivers 25 aircraft in first quarter

17 April 2018
Brazilian aeronautical company Empresa Brasileira de Aeronáutica (Embraer) delivered 25 jet aircraft during the first quarter of 2018, 14 of which were delivered to airlines in the United States, Europe and Asia-Pacific and the remaining 11 customers were from the executive aviation segment, according to a statement released on Monday.

Trade between China and Portuguese-speaking countries totals US$20.4 billion in January/February

16 April 2018
Trade between China and the Portuguese-speaking countries in January/February totalled US$20.4 billion, or an increase of 37.43% over the same period of 2017, according to official Chinese figures released by Forum Macau.

IPIM director appointed as Deputy Secretary-General of Forum Macau

13 April 2018
The director of the Macau Trade and Investment Promotion Institute (IPIM), Gloria Batalha Ung, will be appointed to the position of deputy secretary-general of Forum Macau, taking on both roles, according to a statement from the office of the Macau Secretary's for the Economy and Finance.

Macau businessmen promote food products from Portuguese-speaking countries

12 April 2018
Businessmen and shopkeepers from Macau will promote food products from Portuguese-speaking countries on 26 and 27 April in Huizhou and Dongguan, and in Fuzhou in Fujian province in May, according to the Macau Trade and Investment Promotion Institute (IPIM).

CPLP to shift focus from language to economy, says secretary-general

29 March 2018
The growing interest of countries such as South Korea in the status of observer to the Community of Portuguese Speaking Countries (CPLP) shows the economic potential of the organisation without language being the central priority, the secretary general Maria do Carmo Silveira said on Wednesday in London.

Brazilian group Vale benefits from China’s efforts to reduce pollution

29 March 2018
The Vale group is expected to benefit from efforts being made by China to reduce pollution and the resulting closure of small polluting steel plants and the import of high-quality iron ore, said the chief executive of the Brazilian mining group.

Chinese group Fosun looks at Brazilian assets for possible acquisition

28 March 2018
Chinese group Fosun is analysing the possible acquisition of Brazilian assets in the health, entertainment and financial sectors, in the latter case mainly in the area of business risk, the Estado de São Paulo newspaper reported in its Tuesday edition.

Forum Macau plans to visit Portuguese-speaking countries in 2018

23 March 2018
Delegations from Forum Macau will travel to Angola, Brazil, Cabo Verde (Cape Verde), Guinea Bissau, Mozambique, Portugal, Sao Tome and Principe and Timor-Leste (East Timor) this year under the institutions programme of activities for 2018, with a view to strengthening relations and exploring ways of further disseminating the institution's objectives.

Forum Macau plans to make more efforts to support business people

22 March 2018
The Secretary-General of Forum Macau, Xu Yingzhen, said that in the future, more efforts will be made to enable entrepreneurs from the organisations' eight member countries to take advantage of the potential offered to them.

Goldwind Group awarded first contract in Brazil

15 March 2018
The Goldwind Group, one of the world's largest producers of wind turbines, has been awarded its first contract in Brazil, Liang Xuan, the group's general manager for South America, said.

Chinese group Midea launches e-commerce platform in Brazil

14 March 2018
Chinese group Midea has launched an e-commerce platform to sell more than 100 products from its range of home appliances directly to customers in Brazil, said the head of the Brazilian subsidiary quoted by Reuters.

Portuguese-speaking countries well positioned to benefit from China’s ‘Belt and Road’ initiative

13 March 2018
Portuguese-speaking countries are well positioned to share the economic benefits associated with the "Belt and Road" initiative announced by China, according to Clbrief (https://clbrief.com/), a news service specialising in the Portuguese-speaking world and China.

CNPC acquires stake in Brazilian fuel distributor

12 March 2018
PetroChina International Co., a subsidiary for the overseas business of the China National Petroleum Corp group (CNPC) has agreed to purchase a 30% stake in TT Work, one of the most important oil product distribution groups in Brazil, according to a statement issued in Beijing.

China-Lusophone Brief, a new economic relations news service

12 March 2018
The analysis of the economic and political situation of the Portuguese-speaking countries and business opportunities with China, at a time when Beijing is strongly committed to the "Belt and Road" and "Guangdong-Hong Kong-Macau Great Bay" initiatives, are the main lines of action of the new English-language news service launched on Monday and called China-Lusophone Brief (CLBrief).

Chinese group Fosun buys 70% of Brazilian brokerage firm

5 March 2018
Fosun, a wholly-owned subsidiary of Fosun, agreed with Banco Indusval to purchase a 70% stake in Guide Investimentos - Corretora de Valores for 290 million reais (US$53 million), the Brazilian bank said in a statement released in São Paulo.

Sale of Brazilian soybeans to China increases 720% in January

5 March 2018
Soybeans sold to China in January by producers from Brazil - 2.07 million tons - represented a year-on-year increase of 720% and accounted to just under a quarter of the total tonnage imported by Chinese companies, compared to a quota of 3.3% in January 2017, the Reuters news agency reported.

Angola simplifies process of granting tourism visas

26 February 2018
Tourists intending to visit Angola are no longer obliged to present an invitation letter, a move that brings an end to a situation that has led to huge embarrassment for people who want to visit the country, weekly newspaper Expansão reported, citing a presidential order.
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