9 July 2020
China imported crude oil at the rate of 11.93 million barrels per day last month, 25.4 percent faster than a year earlier and the fastest rate in any month on record, the OilX Research website says. OilX Research says the rate last month was 7.4 percent faster than in May as the economy in China … Continue reading "Brazil, Angola take bigger share of Chinese oil market"
9 July 2020
Trading in the stock of Pensana Rare Earths Plc of Australia, which owns the rights to mine rare earths in the central Angolan municipality of Longonjo, has begun at the London Stock Exchange, the company says. Pensana issued a written announcement saying its entire issued share capital is up for trading. The Pensana prospectus says … Continue reading "Prospective seller of rare earths to China listed in London"
9 July 2020
Official data indicate that 30.6 percent of the almost US$597 million worth of merchandise imported by Timor-Leste last year came from China, Lusa reports. The Portuguese news agency, citing figures given by the Timorese Finance Ministry, says 16.2 percent came from Hong Kong and 14.4 percent from mainland China. The report says Indonesia was the … Continue reading "Timorese imports from China worth US$182.68 mln in 2019"
8 July 2020
The Brazilian regulator, Anvisa, says it has given permission for clinical trials of CoronaVac, a vaccine against the Covid-19 virus developed by Sinovac Biotech Ltd of China. Anvisa issued a written statement saying a Brazilian biomedical research centre, the Butantan Institute, asked for permission to try out the vaccine. The regulator says the vaccine will … Continue reading "Trials of Chinese anti-Covid-19 vaccine permitted in Brazil"
8 July 2020
The customs service in the eastern Chinese province of Jiangxi has cleared for import 17,700 tonnes of Brazilian cotton, after an inspection that lasted five months, the China News Service (CNS) reports. The Chinese state-run news agency says the cotton is the first yet imported by the holder of the Jiangxi provincial cotton reserves, a … Continue reading "Brazilian cotton imported by Jiangxi clears customs"
8 July 2020
President João Lourenço of Angola has opened new facilities for the Angolan Geological Institute, built by Chinese state-owned CITIC Construction Co. Ltd, Lusa reports. The Portuguese news agency quotes Mr Lourenço as saying the institute will help explore for all sorts of mineral resources, and not just oil, natural gas and diamonds. Mr Lourenço said … Continue reading "Angolan Geological Institute gets new Chinese-built home"
7 July 2020
XCMG Bank Brazil, owned by the Chinese maker of construction equipment Xuzhou Construction Machinery Group Co. Ltd (XCMG), has opened for business, Xinhua reports. The Chinese government-run news agency quotes XCMG Chairman Wang Min as saying in his speech at the opening ceremony, held online, that he believes the bank can serve Chinese and Brazilian … Continue reading "XCMG Bank Brazil getting down to business"
7 July 2020
The branch of the Confucius Institute in São Tomé e Príncipe has held the São Toméan heat of the 19th Chinese Bridge, an annual competition among students of Chinese language and culture around the world, the Chinese Embassy in São Tomé says. The embassy issued a written statement saying six middle-school pupils and four University … Continue reading "Heat of Chinese language contest held in São Tomé e Príncipe"
6 July 2020
Portugal-China Young Entrepreneurs Association President Alberto Carvalho Neto thinks changes in the rules on trade between Macao and Mainland China may mean more business for Portuguese companies based in the city, Lusa reports. The Portuguese news agency quotes Mr Carvalho Neto as saying having more goods of Portuguese origin covered by the Closer Economic Partnership … Continue reading "CEPA changes tipped to benefit Portuguese companies"
6 July 2020
Work on important transport infrastructure projects in Angola, some overseen by Chinese companies, will resume after an interruption due to the Covid-19 pandemic, Lusa reports, quoting the Angolan Ministry of Transport. The Portuguese news agency, citing a document issued by the ministry, says the government has given priority to 13 projects, among them projects to … Continue reading "Chinese contractors to restart work on projects in Angola"
6 July 2020
The International Finance Corporation (IFC), an arm of the World Bank, is lending the African subsidiary of Chinese manufacturer Keda Industrial Co. Ltd US$33.5 million to build a factory in Mozambique for making ceramic tiles, the parent company says. Keda Industrial told the Shanghai Stock Exchange in writing that the money is part of US$165 … Continue reading "Keda Industrial borrows US$33.5 mln for Mozambican factory"
6 July 2020
Over the years, the University of Macau (UM) has organised courses in various formats to nurture Chinese-Portuguese bilingual professionals. The university’s Portuguese Language Summer Course is an annual event that has attracted students from around the world since its launch 33 years ago. The 34th edition of the course will be held online between 20 … Continue reading "UM’s online Portuguese language summer course now open for applications"
3 July 2020
The International Economic Development Bureau of the southern Chinese province of Hainan and six groups representing Chinese businesses operating in Europe have agreed on Tuesday to cooperate in promoting Sino-European economic engagement, the Hainan Daily reports. The Hainan government-run newspaper says the agreement provides for the exchange of information and the holding of events meant … Continue reading "Hainan, Chinese business groups to spur Sino-European trade"
3 July 2020
Over 330 companies in 38 or more different parts of the world took part in the Brazil’s Independent Games (BIG) Festival, which was held online last week, the Brazilian Trade and Investment Promotion Agency says. The agency issued a written statement saying that among the entities taking part were ByteDance Ltd, the operator of the … Continue reading "Notable Chinese attendance online during BIG Festival"
2 July 2020
Governor João Doria of the Brazilian state of São Paulo has said he expects this week permission from the federal regulator to begin trials in the state of a Chinese-developed vaccine against the Covid-19 virus, called CoronaVac, Reuters reports. The news agency quotes Mr Doria as telling a press conference on Monday that 9,000 people … Continue reading "São Paulo set to try out Chinese vaccine against Covid-19"
2 July 2020
The Portuguese heat of the 19th Chinese Bridge, an annual competition among students of Chinese language and culture around the world, was held online because of the Covid-19 pandemic, Xinhua reports. The Chinese government-run news agency says four students, representing respectively Aveiro University, Lisbon University, Minho University and Coimbra University, competed in the Portuguese heat, … Continue reading "Students in Portugal vie online in Chinese language contest"
2 July 2020
The China Chamber of Commerce for Import and Export of Textiles says over 160 potential buyers in Brazil, Peru, Bolivia and other South American countries took part in an online trade fair for goods made in the eastern Chinese province of Zhejiang. The chamber issued a written statement saying over 50 Zhejiang suppliers of textiles … Continue reading "South Americans scout online for Zhejiang textiles to buy"
1 July 2020
An art education museum designed by Portuguese architect Álvaro Siza Vieira will open in November in Yinzhou, in the eastern Chinese city of Ningbo, the authorities there say. A written announcement posted on the Yinzhou District official website says work on building the Huamao Art Education Museum is complete. The announcement says the structure, near … Continue reading "Museum designed by Portuguese to open in Ningbo in November"
1 July 2020
Brazilian Agriculture, Livestock and Supply Minister Tereza Cristina Dias says she is endeavouring to open the Chinese market for grapes to Brazilian exporters, Xinhua reports. The Chinese government-run news agency quotes Ms Dias as saying in an interview published on Friday that Brazil is also keen to sell China chestnuts, still wine, sparkling wine and … Continue reading "Minister trying to open Chinese market for Brazilian grapes"
1 July 2020
An analyst for credit rating agency Moody’s Corp’s Global Financial Risk Unit thinks the Moody’s rating for Angola will be unimpaired by any debt relief China may be about give the country, Lusa reports. The Portuguese news agency quotes the analyst, Aurelien Mali, as saying on Sunday Chinese financial aid to Angola is a matter … Continue reading "Analyst shrugs off effect of easing of Angolan debt to China"
