China

China grants US$2 billion credit line to Angola

10 October 2018

The Development Bank of China has opened a US$2 billion credit facility to Angola under a deal signed on Tuesday in Beijing, the Angolan press reported.

Angola wants joint committee with China to be re-launched

10 October 2018

On his state visit to China the Angolan President asked the Chinese authorities to re-launch the steering committee for economic and trade cooperation during a meeting with Prime Minister Li Keqiang.

Chinese group Tencent buys stake in Brazilian company Nubank

9 October 2018

Chinese group Tencent plans to invest US$200 million to buy a 5.0% stake in Brazilian financial technology company Nubank, according to The Information website.

‘Golden Week’ brings more than 890,000 visitors to Macau

9 October 2018

Macau received more than 890,000 visitors from 1 to 7 October, during the so-called Golden Week to mark the 1 October, the National Day of the People's Republic of China, the Macau Government Tourist Office (MGTO) reported.

Angola’s President starts state visit to China

9 October 2018

The Angolan President has begun his first State visit to the People's Republic of China since his inauguration in 2017, which is expected to result in the signing of three agreements and a memorandum of understanding, according to the Angolan press.

Angola and China sign agreements during further visit by President João Lourenço

8 October 2018

Angola and China are expected to sign a set of agreements on Tuesday and Wednesday, one of which aims to avoid double taxation in commercial transactions, according to the Civil House of the President of the Republic.

Construction of Chongoene airport in Mozambique begins

8 October 2018

Chongoene airport in Mozambique's Gaza province will start being built, with the President of Mozambique laying the first stone last Friday, Mozambican daily newspaper Notícias reported.

Sino-Angolan consortium buys Angolan national bridges company

8 October 2018

The Chinese-Angolan consortium made up of Angolan companies Adisandra and Feront and the China Road and Bridge Corporation (CRBC) has bought Angola's national bridges company ENPA, the Angolan Ministry of Construction and Public Works said in a statement.

President of Angola to make official visit to China from 8 to 10 October

3 October 2018

The Angolan President plans to return to China after his trip to Beijing in September to attend the Third Forum on China-Africa Cooperation (FOCAC), Chinese state news agency Xinhua reported recently.

Trade between China and Portuguese-speaking countries exceeds US$82 billion from January to July

3 October 2018

Trade between China and the Portuguese-speaking countries grew 21.50% on year from January to July 2018 to reach US$82.149 billion, according to official Chinese figures released by Forum Macau.

China and Portuguese-speaking countries should take advantage of Macau platform, says secretary general of Forum Macau

27 September 2018

China and the Portuguese-speaking countries should take full advantage of the Macau platform, said the Secretary-General of the Permanent Secretariat of Forum Macau, who called for cooperation in the area of traditional Chinese medicine.

Guinea Bissau opens honorary consulate in Macau

26 September 2018

On Monday Guinea Bissau opened an honorary consulate in Macau whose facilities were inaugurated in a ceremony attended by Chief Executive Chui Sai On, the local press reported.

Brazil’s competition regulator approves purchase of EDP group by China Three Gorges

26 September 2018

Brazil's Administrative Council for Economic Defence (CADE) has unreservedly approved the potential takeover of the EDP - Energias de Portugal group by state-owned China Three Gorges, according to a dispatch issued on Monday.

Businesspeople from Taizhou consider investments in Angola

21 September 2018

Businesspeople from the Chinese city of Taizhou in the coastal province of Zhejiang intend to invest in Angola in the health, education, agriculture and tourism sectors in Dande county, Bengo province, a Chinese source said on Thursday in Caxito.

Trade between China and Portuguese-speaking countries grows 21.50% from January to July

20 September 2018

Trade between China and Portuguese-speaking countries reached US$82.49 million from January to July 2018, a year-on-year increase of 21.50%, according to official Chinese figures released by Forum Macau.

PLPEX 2018, in Macau, has a bigger area and more exhibitors

20 September 2018

The area dedicated to this year's edition of the Exhibition of Products and Services of Portuguese-speaking Countries (Macau), or PLPEX 2018, has been increased to 6,000 square metres, the Macau Trade and Investment Promotion Institute (IPIM) announced.

Zhejiang’s experience in the maritime economy is important to Macau

19 September 2018

Macau will be able to take advantage of Zhejiang province's experience in the maritime economy in order to improve the management and development of the sector, said the Macau Chief Executive during a meeting in the special administrative region with the secretary of the Hangzhou Municipal Committee of the Chinese Communist Party, Zhou Jiangyong.

Car assembly plant in Mozambique goes into bankruptcy and leaves only debt

18 September 2018

The Matchedje car-assembly project in Mozambique, inaugurated in 2014 by the former President of the Republic, Armando Guebuza, has gone bankrupt leaving the state only with debts, said the Minister of Industry and Trade.

China buys almost half of Brazil’s soybean production

17 September 2018

China acquired 50.9 million tons of soybeans between January and August or 42.7% of Brazil's 2017/2018 production, which total 119.3 million tons, according to the Ministry of Agriculture, Livestock and Supply.

China lends an additional US$11 billion to Angola

14 September 2018

China will open a new US$11 billion credit facility for Angola under an agreement to be signed during President João Lourenço's official visit to China, the Africa Monitor newsletter reported.

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