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China

Chinese technicians complete geological surveys for construction of fishing port in Guinea-Bissau

9 November 2017
A team of technicians from China, that since October have been carrying out geological prospecting work as part of the project for construction of the second phase of the fishing port of Alto Bandim in Bissau, Guinea-Bissau, concluded its work recently, the administrative director of the port said on Thursday.

Trade between China and Portuguese-speaking countries rises 29.36% between January and September

9 November 2017
Trade between China and the Portuguese-speaking countries reached US$89.426 billion in the period from January to September, an annual increase of 29.36%, according to official Chinese figures released by Forum Macau.

Chinese companies confirm investments of US$3.183 billion in Brazil in August/September

9 November 2017
Chinese companies have confirmed four investment projects in Brazil in the amount of US$3.183 billion in August and September and announced seven more projects worth US$6.323 billion, said the Brazilian Ministry of Planning, Development and Management.

Chinese companies invest US$10.8 billion in Brazil between January and October

8 November 2017
Investments by Chinese companies in Brazil totalled at least US$10.84 billion (about 35.3 billion reais) in the period from January to October, according to a study published by the Dealogic consultancy quoted by Brazilian newspaper Folha de São Paulo.

Partners approve entry of the ExxonMobil group in the natural gas business in Mozambique

8 November 2017
Mozambican state oil andgas company ENH, Italian group ENI, South Korea's Kogas and Portugal's Galp Energia, the concession holders on the Area 4 natural gas block in the Rovuma basin, Mozambique, on Tuesday in Maputo, approved the entry in the consortium of US group Exxon Mobil, according to Mozambican daily newspaper Noticias.

Chinese group creates fund to finance investments in Brazil

7 November 2017
The China Huayang Economic and Trade Group Co. has set up a fund with a budget of US$3 billion for investments in Brazil or Brazilian companies interested in expanding to China, Brazilian financial newspaper Valor Economico reported.

Officials from China Communication Construction Company visit Brazil

7 November 2017
Officials from the China Communication Construction Company (CCCC), the largest construction company in Asia, will visit Brazil later this year to analyse infrastructure construction projects, the state company's vice president said on Monday in Beijing.

China wants to build hospital in São Paulo, Brazil

3 November 2017
China may build its first hospital in South America in São Paulo, and a meeting was held this week with this in mind between a mission of the Administration of Traditional Chinese Medicine of the Chinese government and Governor Geraldo Alckmin, acording to the website of the government of the Brazilian State of São Paulo.

China Telecom proposes investment of 20 billion reais in Brazilian group Oi

3 November 2017
The China Telecom group could control more than 70% of Brazilian telecommunications group Oi through an investment up to 20 billion reais (US$6.1 billion), the Brazilian press reported citing the outcome of meetings held on Wednesday with official entities.

Portugal and China cooperate on projects related to the marine economy

1 November 2017
Portugal and China this week signed an action plan focused on cooperation in research and commercial projects related to the economy of the sea, said the Portuguese minister of the Sea, Ana Paula Vitorino, on the sidelines of a business mission to China.

New Luanda international airport in Angola expected to start operating in 2019/2020

31 October 2017
The new Luanda International Airport, under construction since 2004 by Chinese contractors on the outskirts of the Angolan capital, should only start operating in 2019, a two-year delay compared to the previous forecast, said the Minister of Transport.

Macao and Hong Kong strengthen trade and economic relations

31 October 2017
Macao and Hong Kong on Friday signed an agreement with a view to strengthening economic and commercial relations between the two special administrative regions of China and extending areas of business and trade.

China Hyway group makes final delivery of Moçâmedes Railroad

31 October 2017
The China Hyway Group has made the final delivery of the rail infrastructure of the Moçâmedes Railroad to the president of the company, Daniel Quipaxe, at a ceremony held on Tuesday in the city of Lubango, in Angola's Huila province.

China announces pardoning of Mozambican debt

27 October 2017
On Thursday in Maputo China announced the partial pardoning of a debt owed by Mozambique, referring to four loans, totalling 239.26 million yuan (about US$36 million).

Business mission from Portuguese ports and sea sector visits China

26 October 2017
A business mission from the Portuguese ports and sea industries sector, headed by the minister of the Sea Ana Laula Vitorino, is due to arrive in Beijing on Saturday for a visit that lasts until 4 November.

China’s Brazilian soy bean imports rise 58% in September

26 October 2017
In September China imported 5.938 million tonnes of soy beans from Brazil which represented an increase of 57.97% compared to the same month of 2016, according to figures issued by the General Administration of Customs and Ports in China.

Shanghai Electric negotiates acquisition of power transmission project in Southern Brazil

25 October 2017
A subsidiary of Chinese group Shanghai Electric has submitted a proposal to take control of a power transmission project in southern Brazil, the Brazilian National Electric Energy Agency (Aneel) told Reuters.

Brazil and China plan cooperation in the study of bamboo

25 October 2017
A delegation from the Chinese Academy of Forestry (CAF) travelled to Brasília to discuss with genetic and biotechnology company Embrapa ways to increase the exchange of genetic material of bamboo between the two countries and sending varieties of bamboo from China to Brazil.

Macau receives over 23.8 million visitors between January and September

24 October 2017
Macau received more than 23.8 million visitors in the first nine months of the year, a year-on-year increase of 4.2%, according to the region's Statistics and Census Bureau (DSEC).

Chinese group signs contract to support construction sector in Angola

23 October 2017
The Technical Support Unit for Private Investment (UTAIP), of the Angolan Ministry of Construction and Public Works, and the China Building Technique Group Co (CBTGC) signed a US$1 million contract in Macau to support the construction sector and public works in Angola, according to Angolan state news agency Angop.
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