Guinea-Bissau

China-Lusophone Brief, a new economic relations news service

12 March 2018

The analysis of the economic and political situation of the Portuguese-speaking countries and business opportunities with China, at a time when Beijing is strongly committed to the "Belt and Road" and "Guangdong-Hong Kong-Macau Great Bay" initiatives, are the main lines of action of the new English-language news service launched on Monday and called China-Lusophone Brief (CLBrief).

Trade between China and Portuguese-speaking countries grows 29.4% in 2017

13 February 2018

Trade between China and the Portuguese-speaking countries totalled US$117.58 billion in 2017, a year-on-year increase of 29.40%, according to official Chinese figures released by Forum Macau.

Future of Forum Macau under discussion at its 15-year celebrations

9 February 2018

The Secretary-General of Forum Macau, Xu Yingzhen, announced in Beijing that the 15th anniversary of the establishment of the institution, in 2003 following a Chinese initiative joined by the Portuguese-speaking countries, would be celebrated in Macau this year.

IMF recommends that infrastructure spending in Guinea-Bissau be well managed

25 January 2018

Infrastructure investment proposed by the Guinea-Bissau government under the State Budget for 2018 is welcome as it helps to fill serious gaps, but the process has to be very well managed, said the team from the International Monetary Fund which was on a mission to the country from 17 to 23 January.

Chinese technicians provide support to Guinea-Bissau farmers to produce rice

24 January 2018

The Rice Research and Innovation Institute of Chinese company Yuan Longping High-Tech Agriculture Co. is due soon to send some technicians to Guinea-Bissau to support a group of farmers, who recently underwent training at that institution, to make their rice plantations more profitable, officials said in Bissau on Tuesday.

Chinese fishing company builds fish processing and preserving factory in Guinea-Bissau

17 January 2018

Zhongyu Global Seafood Corporation, a Chinese fishing company, will build a fish processing and preserving unit in Bissau under a memorandum of intent signed on Monday with the government of Guinea-Bissau.

China may finance construction of university campus in Guinea-Bissau, ambassador says

15 January 2018

China may finance the construction of a university campus in Guinea-Bissau, similar to the one planned for Cabo Verde (Cape Verde), Ambassador Jin Hongun said in a recent interview with local weekly newspaper "Democrata."

World Bank lowers forecast for Mozambique’s economic growth and raises Angola’s

11 January 2018

The World Bank has revised its economic growth forecast for Mozambique this year to 3.2%, a drop of 2.9 percentage points from the June 2017 forecast, according to the Global Economic Outlook report published on Wednesday in Washington.

Trade between China and Portuguese-speaking countries exceeds US$100 billion from January to November

5 January 2018

Trade between China and the eight Portuguese-speaking countries was in excess of US$100 billion between January and November, rising by 29.47% year-on-year to US$107.75 billion, according to official Chinese figures published by Forum Macau.

Trade between China and Portuguese-speaking countries grows 29.81% from January to October

29 December 2017

Trade between China and the Portuguese-speaking countries grew 29.81% year-on-year from January to October to US$97.99 billion, according to official Chinese figures issued on Thursday by Forum Macau.

IMF pays out more funds to Guinea-Bissau

13 December 2017

The International Monetary Fund (IMF) has disbursed US$4.3 million to Guinea-Bissau under the Extended Credit Facility (ECF) to restore macroeconomic stability, promote efficiency of services and boost growth in the West African country, according to a statement released on Monday in Washington.

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.

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.

Macau should improve relations with Portuguese-speaking countries

16 November 2017

Macau should endeavour to be a good services platform for trade cooperation between China and the Portuguese-speaking countries, in order to contribute to the national development strategy, the Chief Executive of the special autonomous region, Chui Sai On, said on Wednesday.

The People’s Republic of China donates rice to Guinea-Bissau

15 November 2017

The People's Republic of China has donated 1,290 sacks of rice to Guinea-Bissau, which will be sent to 16 social charities headquartered in the capital, Bissau, and the formal donation took place on Tuesday at the premises of the Presidency of the Republic.

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.

Angola and Cabo Verde improve business environment

1 November 2017

Angola and Cabo Verde (Cape Verde) have improved their business environment, having risen respectively seven and two positions in the "Doing Business 2018" index published on Tuesday in Washington by the World Bank (WB) and led by New Zealand with 86.55 points out of 100.

Arab Bank finances power plant in Guinea-Bissau

26 October 2017

The Arab Bank for Economic Development in Africa (BADEA) has granted Guinea-Bissau a loan of US$11 million for the construction of a power plant in Bissau, the government announced on Thursday.

Macau International Fair and PLPEX return to on 18 October, 2018

23 October 2017

The 23rd Macau International Trade Fair (MIF) and the Portuguese-Speaking-Countries Products and Services Exhibition 2018 (Macau) - PLPEX 2018 will be held on 18 and 20 October of next year, announced the Macau Trade and Investment Promotion Institute (IPIM).

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