China

Chinese companies buy graphite in Mozambique

11 December 2017

Syrah Resources will supply Chinese company Zhanjiang Juxin New Energy Materials with 20,000 tons of graphite to be extracted at the Basawa concession, in Cabo Delgado province, Mozambique in 2018, the Australian mining company said in a stock market filing.

Chinese groups interested in iron ore project in Mozambique

11 December 2017

Capitol Resources, the Mozambican subsidiary of Australian group Baobab Resources,is expected to sign a mining contract with the government of Mozambique for extraction and processing of iron ore in Tete province, in the centre of the country, the Mozambican minister of Industry and Trade said on Friday in Maputo.

Italian group ENI secures financing for natural gas project in Mozambique

7 December 2017

Italian ENI group on Wednesday announced that it has secured a final US$4.675 billion financing agreement for the Coral Sul natural gas extraction, processing and marketing project in the Rovuma basin in northern Mozambique, according to a statement released in Milan.

Chinese company DJI wants to grow in the Brazilian drone market

6 December 2017

Chinese company DJI (Da-Jiang Innovations Science and Technology Co., Ltd) selected the Golden Distribuidora company as its official representative in Brazil, a country where it plans to increase sales of non-piloted air vehicles - more commonly known as drones - significantly over the next two years, the two companies said in joint statement released on Tuesday.

Yuan Longping High-Tech Agriculture and CITIC Agri Fund complete purchase of Brazilian company

4 December 2017

Chinese company Yuan Longping High-Tech Agriculture Co. and the CITIC Agri Fund have concluded the purchase of Brazilian company Dow AgroSciences Sementes, which has been transformed into LP Seeds, according to information provided at a meeting with the press in Ribeirão Preto (state of São Paulo).

Chinese group STO Express starts its international expansion in Brazil

4 December 2017

X-Tong, a Brazilian subsidiary of Chinese group STO Express, in the first half of 2018 plans to launch an e-commerce site that will allow Brazilian companies to order products directly from Chinese suppliers, said Gu Guo Liang, director of international projects.

China State Grid controls 94.76% of Brazil’s CPFL Energia

1 December 2017

The China State Grid group now controls 94.76% of the share capital of CPFL Energia, the largest private power distribution company in Brazil, following the purchase through a Public Bid of more than 408 million shares that were still owned by third parties, group subsidiary State Grid Brazil Participações said in a statement.

Chinese company studies construction of railway in Brazil

30 November 2017

The Brazilian state of Pará has signed an agreement with China to carry out studies for the construction of the Pará Railroad, one of the State government's most important infrastructure and logistics projects, at a ceremony held on Wednesday at the Chinese embassy in Brazil, Brazilian newspaper Folha do Progresso reported.

Chinese and Brazilian business owners sign agreement to increase Brazilian exports

30 November 2017

The Chinese Council for the Promotion of International Trade (CCPIT) and the Brazilian Business Leaders Group (Lide) on Wednesday in São Paulo signed a cooperation agreement to increase the export of Brazilian products to China, reported Brazilian news agency Agência Brasil.

Chinese group Hunan Dakang International Food & Agriculture seeks to expand in Brazil

30 November 2017

Chinese group Hunan Dakang International Food & Agriculture Co Ltd intends to expand its activity in Brazil by entering the meat production business, particularly after having buying controlling stakes in two Brazilian grain and vegetable companies said the group's chief executive, Ge Junjie.

Chinese automotive group Chery opens second factory in Brazil

29 November 2017

The cars of Chinese group Chery will also be assembled in a factory in Anapólis, in the Brazilian state of Goiás, following the acquisition of 50% of the Brazilian operation by the Caoa group, said the governor of the State, Marconi Perillo.

Hong Kong company will operate as an incubator for projects in Brazil

29 November 2017

Chinese company HAWK Internet, a subsidiary of the TCL Corporation for mobile telephony solutions, recently announced it intends to open an office in Brazil to invest in innovation projects, according to Brazilian website tele.sintese.

Chinese imports of Brazilian soy reach 50 million tonnes from January to October

28 November 2017

Brazilian companies have exported around 50 million tonnes of soy to China from the beginning of the year until October, and this amount is expected to increase by the end of the year as Chinese demand is showing no signs of cooling, according to data from the Brazilian Association of Vegetable Oil Industries (Abiove).

Macau supports young entrepreneurs from China, the Portuguese-speaking countries and Macau

27 November 2017

The programme to promote exchange and trade cooperation of young entrepreneurs from China and the Portuguese-speaking countries launched by the Macau Economics Service (DSE) is intended to encourage young people to travel to Portugal to understand the local market, according to an official press release.

Chinese company wants to build oil refinery in Maranhão, Brazil

27 November 2017

A company from China wants to build an oil refinery in the Brazilian state of Maranhão, said on Friday the secretary of Oil, Natural Gas and Biofuels from the Ministry of Mines and Energy, cited by Brazilian newspaper O Globo.

Railway between Tete and Zambezia, in Mozambique, will be 620 km long

27 November 2017

The twin-track railway that will connect the provinces of Tete and Zambezia in Mozambique will be 120 kilometres longer than initially expected, under an addendum to the original contract signed on Friday between the Government of Mozambique and Thai Mozambique Logistic.

Chinese company plans to place LED bulbs in two streets in Rio de Janeiro

24 November 2017

A Chinese company interested in bidding for the tender to modernise the lighting system of Rio de Janeiro will put LED bulbs in two of the city's streets as a demonstration, the mayor of the Brazilian city told local radio station Radio Tupi on Wednesday.

Businesses from Portugal and China sign agreement for projects in Portuguese-speaking countries

24 November 2017

Public Companies from Portugal and China on Wednesday in Lisbon signed a memorandum of understanding for the development of transport infrastructure, roads and railways, in Portuguese-speaking countries, which may also include Brazil.

China donates passenger buses to Mozambique

24 November 2017

The 80 passenger buses donated by the People's Republic of China to Mozambique will soon be put into service in cities with the greatest needs in terms of urban transport, the Mozambican Minister of Transport and Communications said recently.

Macau receives 26.7 million visitors between January and October

24 November 2017

Macau received 26.7 million visitors in the first ten months of 2017, which was a rise of 4.6% against the same period, and visitors stayed for an average of 2.1 days, the region’s Statistics and Census Bureau (DSEC) said.

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