19 May 2020
China Telecom Global Ltd and Angola Cables have agreed to increase the capacity of telecommunications connections among China, Angola, and Brazil, the Chinese state-owned enterprise says. China Telecom Global announced in writing on Thursday that the companies have agreed to set up a fast link via South Africa, namely by using Angola Cables data centres … Continue reading "New link to speed data flows among Angola, Brazil and China"
19 May 2020
A new reference document says economic engagement by China and the Portuguese-speaking world can help develop the Guangdong-Hong Kong-Macao Greater Bay Area, the People’s Daily reports. The Chinese Communist Party newspaper says the document is the Sino-Lusophone Economic and Trade Cooperation Blue Book, published jointly by the Chinese Academy of International Trade and Economic Cooperation, … Continue reading "Greater role for Macao in international engagement envisaged"
19 May 2020
Official data indicate that Brazilian exports to China were worth 11.3 percent more in the first four months of this year than in the corresponding period last year, Radio France Internationale (RFI) reports. The French public broadcaster, citing figures from Brazil’s Secretariat of Foreign Trade, says Chinese demand for Brazilian merchandise buoyed up Brazilian exports … Continue reading "Brazilian exports to China so far in 2020 on the rise"
18 May 2020
Brazil shipped 9.3 million tonnes of soybeans to China last month, the most in any month yet, the Financial Times reports, citing preliminary data collected by ship brokers Braemar ACM. The newspaper quotes the lead dry cargo analyst for Braemar ACM, Nick Ristic, as saying: “China, for now, seems to be trying to satisfy all … Continue reading "April shipments of Brazilian soybeans to China break record"
18 May 2020
Shipments of poultry flesh to China by Brazilian meat processor BRF SA were 90 percent greater in April than a year earlier, as more BRF slaughterhouses obtained permission to export to China, Bloomberg reports. The news agency quotes BRF Chief Executive Lorival Luz as telling a teleconference on Monday that Chinese demand for meat will … Continue reading "April poultry shipments to China by BRF nearly double"
18 May 2020
Chinese Ambassador to Guiné-Bissau Jin Hongjun has said China is helping Guiné-Bissau counter the Covid-19 pandemic, Agência de Notícias da Guiné (ANG) reports. The Guinéan state-run news agency quotes Mr Jin as saying he met Guinéan President Umaro Sissoco Embaló last week and told him about the Chinese experience of countering the pandemic. Mr Jin … Continue reading "Envoy says China helping Guiné-Bissau keep Covid-19 at bay"
15 May 2020
Macao is among five new markets that Brazil has begun shipping coffee to in April, the Brazilian Council of Coffee Exporters, or Cecafé, announced on Tuesday. Official Cecafé data show that the first shipment to Macao, last month, weighed 19.2 tonnes and was worth US$40,100. The latest edition of the Council’s monthly export report shows … Continue reading "Macao among new customers for Brazilian coffee"
15 May 2020
Real estate consulting firm Knight Frank says Portuguese capital Lisbon will be one of just four main markets for high-end housing where prices will keep rising for the rest of this year. A Knight Frank publication says prices of high-end housing in Lisbon may rise by up to 4.9 percent this year and even faster … Continue reading "Prices of high-end housing in Lisbon tipped to keep rising"
15 May 2020
The Export–Import Bank of China provided 7.8 billion meticais (about US$114.3 million) in 2018 for the construction or repair of roads and ports in Mozambique, O País reports. The Mozambican newspaper says the country’s 2018 General State Account shows 6.8 billion meticais went to Empresa de Desenvolvimento de Maputo Sul EP to pay for construction … Continue reading "Chinese bank finances Mozambican infrastructure"
14 May 2020
Brazilian state-owned company Petróleo Brasileiro SA (Petrobras) said on Monday it has struck crude oil of a high grade in the Búzios field off southeastern Brazil, Agência Brasil reports. The Brazilian state-run news agency quotes a written announcement by Petrobras as saying the company found an oil reserve stretching for 208 metres deep beneath the … Continue reading "Sino-Brazilian consortium finds high-grade oil off SE Brazil"
14 May 2020
The Association of Chinese Companies in Cabo Verde has contributed 6.5 million escudos (about US$63,800) to the Cabo Verdean government’s emergency fund for countering the Covid-19 pandemic, Xinhua reports. The Chinese government-run news agency quotes the head of the association, Zhang Dengquan, as saying: “Our companies are also part of Cape Verdean society, and have … Continue reading "Chinese companies helping Cabo Verde keep Covid-19 at bay"
14 May 2020
The foreign ministers of Angola and China have agreed over the phone to prompt Angolan and Chinese cities to make twinning arrangements with each other, Xinhua reports. The Chinese government-run news agency quotes Angolan Foreign Minister Tete António as saying his country appreciates Chinese support, notably the care it takes of Angolan students studying in … Continue reading "Angolan, Chinese FMs agree to spur twinning of cities"
13 May 2020
Portuguese small and medium enterprises aiming to do business in China have last week set up the Portugal-China SMEs Chamber of Commerce, Lusa reports. The Portuguese news agency quotes the chamber as saying in a written announcement that it intends to set up funds to invest in agribusiness and tourism, and open an online shop … Continue reading "Portugal-China SMEs Chamber of Commerce established"
13 May 2020
Dutch shipbuilder Damen Shipyards Group NV says its yard in the central Chinese city of Yichang has cut the first steel for a roll-on, roll-off ferry it is building for service in Timor-Leste. Damen Shipyards issued a written statement saying Covid-19 precautions meant the steel-cutting ceremony had to be performed online, with representatives of the … Continue reading "Yichang shipyard cuts first steel for Timorese ferry"
13 May 2020
Vale SA Chief Financial Officer Luciano Siani forecasts what he calls a “very vigorous” economic rebound in China, the main market for the iron ore the Brazilian miner exports, Valor Económico reports. The Brazilian newspaper quotes Mr Siani as saying in an interview on Friday that the recovery of the Chinese economy will depend in … Continue reading "Vale executive tips Chinese economy to recover vigorously"
12 May 2020
The head of the Brazilian association of meat exporters, Abiec, thinks persistently strong Chinese demand means Brazilian exports of beef will be greater this year than in any year on record in terms of volume and value, Reuters reports. The news agency quotes the Abiec chief, Antônio Camardelli, as forecasting that Brazil will export 2 … Continue reading "China tipped to make 2020 Brazilian beef exports superlative"
12 May 2020
The Portuguese trade and investment agency, AICEP, says it is holding online today a seminar on opportunities for Portuguese companies in China, and that attendance is free of charge. AICEP issued a written announcement saying the seminar will cover the effect of the Covid-19 pandemic on the Chinese economy, forecasts for the economy, the Chinese … Continue reading "Seminar to teach Portuguese managers about business in China"
12 May 2020
The Federal University of Espírito Santo, in southeastern Brazil, has begun using electricity generated by Chinese-made solar panels mounted on the roof, the SolarStar website reported on Thursday. The Chinese website says the 17,400 solar modules, made by JA Solar Holdings Co. Ltd of Shanghai, have a combined capacity of 5.44 megawatts, making the set-up, … Continue reading "JA Solar panels make up Brazil’s biggest rooftop power plant"
12 May 2020
Brazil exported 34.5 million tonnes of soybeans in the first four months of this year, more than in the first third of any year yet, Bloomberg reports, citing figures given by the Brazilian Ministry of the Economy. The news agency says a bumper harvest in Brazil and strong demand, particularly in China, have made Brazilian … Continue reading "Brazilian soybean sales to China a record so far in 2020"
11 May 2020
As the novel coronavirus pneumonia continues to spread around the world, the demand for ventilators, protective suits, masks, disinfection supplies, medical equipment and other epidemic prevention supplies has increased significantly at home and abroad. In order to precisely match up supply and demand sides of epidemic prevention supplies, to join hands with all sectors of … Continue reading "Fighting Against the Epidemic the Macao Trade and Investment Promotion Institute Launches Online Service “Business Matching for Epidemic Prevention Supplies”"
