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China

Universities support the Portuguese language in Yangzhou, Jiangsu Province, China

3 November 2016
Portuguese universities will support Portuguese language teaching at the University of Yangzhou, a city in China's Jiangsu Province, according to the Union of Portuguese Speaking Capital Cities (UCCLA). A delegation from UCCLA from 20 to 28 October visited Macau and three cities in Jiangsu at the invitation of the provincial government, with the provincial authorities and the Changzhou city supporting the UCCLA's intention to open an office in Yangzhou, Macau and Portuguese-speaking countries cooperation park, which will be located in that municipality.

Chinese companies invest in coal thermal power in Brazil

1 November 2016
The company SEPCO I Electric Power Construction Corporation, a subsidiary of the Power China group, is supporting Brazil’s Ouro Negro Energia in efforts to raise funds to build a coal-fired thermal power station in Pedras Altas, Santa Catarina state, the Brazilian press reports.

Chinese ambassador distinguished for support of development in Guinea-Bissau

31 October 2016
The ambassador of the People’s Republic of China in Guinea-Bissau, Wang Hua, was distinguished this weekend in Bissau by the Quelele district residents association at a gala organised by the local community radio station.

Shanghai Pengxin Group interested in railway concession in Ferrogrão, Brazil

28 October 2016
Chinese conglomerate Shanghai Pengxin Group, Ltd. announced on Wednesday in Brasilia, Brazil, it is interested in taking part in the tender for the railroad connecting the city of Sinop, in Mato Grosso state to Itaituba in the state of Para.

Trade between China and Portuguese-speaking countries falls 11.22% in the first eight months of 2016

28 October 2016
Trade between China and Portuguese-speaking countries fell 11.22% in the first eight months of the year compared to the same period of 2015, according to figures from the Chinese Customs Services, released by the Forum for Economic and Trade Cooperation between China and the Portuguese-speaking Countries (Macau Forum). According to official statistics the trade between China and Portuguese-speaking countries in the first eight months of the year reached US$60.23 billion.

China’s XCMG wants to be involved in the railroad linking Brazil to Peru

26 October 2016
China's Xuzhou Construction Machinery Group Co.(XCMG) has told the President of Brazil, Michel Temer, it is interested in the construction of parts of Ferrovia Integração do Centro-Oeste (FICO) railroad in the states of Goiás (GO), Mato Grosso and Rondônia (RO), connecting the cities of Uruaçu (GO ) and Vilhena (RO).

Portugal is sixth European country to receive most investment from China in 2015

25 October 2016
Portugal is on the list of European countries that received most investment from China in 2015, according to a study by the ESADE Business & Law School published in Spanish daily newspaper El Pais.

Angola is largest supplier of oil to China in September

25 October 2016
Angola was the largest supplier of oil to China in September with 4,190 tonnes of crude more than Saudi Arabia and Russia, China's main suppliers, according to figures from Chinese customs. After overtaking Russia in August, becoming the largest oil supplier to China for the first time, Angola kept its leading position in September, and is expected to remain there in October.

Macau creates cooperation park with Changzhou, in Jiangsu, China

24 October 2016
The Chinese city of Changzhou will house the Jiangsu-Macau cooperation park, according to a memorandum signed on Friday by the Chief Executive of Macau, Chui Sai On and the governor of Jiangsu Province, Shi Taifeng.

Brazil expected to export 100,000 tonnes of pork to China in 2017

24 October 2016
Brazilian pork exports to China are expected to exceed 100,000 tonnes in 2017, according to Rabobank, which also expects recovery in product prices in the fourth quarter. "We expect Brazil will continue to be a competitive supplier to the Chinese market during 2017 due to an expected increase in the availability of domestic corn which should result in lower nutrition costs," said Rabobank analysts in a report this week.

Chinese company to build biomass power station in Guinea-Bissau

21 October 2016
The government of Guinea-Bissau on Thursday signed an agreement with Chinese businessman Xuguang Li, president of Shenyang Lan Sa Trading Co Ltd, for the construction of a biomass power plant to supply the cities of Bissau and Mansoa in the centre of the country.

Chicamba and Mavuzi power plants in Mozambique refurbished by the end of 2016

21 October 2016
The refurbishment of the Chicamba and Mavuzi power plants will be completed by the end of the year, ensuring the growth and stability of the power supplied to the provinces of Manica and Sofala in Mozambique, said the Deputy Director of Electrification and Projects at Mozambican state power company EDM. Abraão Rafael, who is also the project's coordinator, told Mozambican daily newspaper Noticias that of the power stations' seven generator groups, five have been recovered, and of these three are already operating fully, and the work is expected to be finished in December.

Angolan business mission takes part in Guangzhou Fair, China

21 October 2016
A delegation of the Angola-China Chamber of Commerce, led by President Arnaldo de Sousa Calado, is participating in the Guangzhou Fair, Guangdong province in southern China, which runs until 4 November, announced the chamber. The mission includes about 300 entrepreneurs and 50 Angolan companies seeking partnerships and business opportunities in sectors such as the food industry and agriculture, among others.

Chinese car factory in Brazil launches cheapest model on the market

20 October 2016
The car factory of Chinese manufacturer Chery, located in Jacarei, in the Brazilian state of São Paulo, has just launched the cheapest car on the Brazilian market.

Portugal and Beijing are invited partners at the 21st edition of the Macau International Fair

19 October 2016
Portugal and Beijing are the first partner country and partner city of the Macau International Fair (MIF), according to the organisation, "adding lustre and allowing for more business opportunities during the event," whose 21st edition takes place from Thursday to Saturday.

Macau and Beijing sign cooperation programme

19 October 2016
The ceremony to launch and sign the Macau-Beijing Cooperation Partnership programme in 2016, which will carry out f cooperation activities between the two cities is due to take place in Macau on Thursday, said the Macau government spokesman. The governments of the two cities decided to establish the partnership programme to deepen bilateral cooperation. The first activity under the scheme will focus on "cooperation, innovation and development," and will be held in Macau, highlighting the strengthening of exchanges and cooperation in the areas of the economy and trade, among young people, culture, education and regional integration.

Chinese group Fosun closer to being a shareholder of Portugal’s BCP bank

19 October 2016
Shareholders of Portuguese bank Banco Comercial Portuguese (BCP) are due to meet on 9 November at the General Meeting to deliberate and possibly adopt amendments that will open up the way for the entry of Chinese group Fosun Industrial Holdings Limited in the financial institution, according to a market statement. Shareholders will vote on the amendment or elimination of statutory limitations on voting rights, which is required due to an amendment to the legal framework of credit institutions and financial companies and which must be exercised by the end of the year.

Cabo Verde’s trade deficit cable widens 11.3% from January to September

19 October 2016
The trade deficit of Cabo Verde (Cape Verde) recorded an increase of 11.3% from January to September, to 43.548 billion escudos, against 39.138 billion escudos in the same period of 2015, according to the archipelago's National Statistics Institute (INE). INE also reported that the deficit was the result of national exports (not including re-exports) falling 2.1% to 4.426 billion escudos and imports in the same period increasing 9.9% to 47.974 billion escudos.

Mozambique wants to attract Chinese companies to industrialise the country

18 October 2016
The Mozambican Institute for Export Promotion (Ipex) aims to attract Chinese enterprises to process and produce goods in the quantity and quality required by the markets, said the president of the institution speaking to Mozambican news agency AIM.

China donates agricultural centre to Angola

18 October 2016
China has donated US$10 million to Angola for the construction of Agricultural Technology Demonstration Help Centre, under a agreement signed in Luanda by the director of the exchange office of the Ministry of Agriculture, Olinda Graciete dos Santos Sobrinho and the economic and business adviser to the Chinese Embassy in Angola, Li Yongjun. At the end of the ceremony, which took place on Monday, the Chinese ambassador to Angola, Cui Aimin, said the project, which aims to strengthen bilateral agricultural cooperation, mainly aims to provide technical training and enhance the industrialisation of agriculture.
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