21 April 2021
Fitch Ratings says it has raised its long-term issuer default rating and senior unsecured rating for West China Cement Ltd (WCC) to BB from BB- with a “positive” outlook. Fitch expects WCC to increase its scale and profits, and reduce its geographical concentration from next year on, in part because of a project in Mozambique … Continue reading "Fitch raises West China Cement credit rating to BB"
19 April 2021
Sino-Mozambican agreements to cooperate in the field of marine science and technology are boosting the development of the Mozambican maritime economy, Xinhua reports, citing China Oceanic Development Foundation Vice-chairman and Secretary-General Pan Xinchun. The foundation and parts of the world covered by the Chinese Belt and Road Initiative are working together to exploit the sea … Continue reading "Sino-Mozambican cooperation spurs exploitation of the sea"
12 April 2021
Huawei Technologies Co. Ltd of China has given Mozambique 26 sets of videoconferencing equipment and five sets of heat detection equipment, Rádio Moçambique reports. The Mozambican state-owned broadcaster says the videoconferencing gear is for communication among government departments so they can react to local outbreaks of COVID-19. The donation was made on Monday, Rádio Moçambique … Continue reading "Huawei gives Mozambique videoconferencing equipment"
31 March 2021
The ambassadors to China of Timor-Leste, Guinea-Bissau, Cabo Verde, São Tomé and Príncipe, Mozambique and Angola have toured the China-Africa Economic and Trade Cooperation Innovation Demonstration Park in the southern Chinese city of Changsha, The Paper website reports. The Chinese state-owned website says Macao members of the Chinese People’s Political Consultative Conference National Committee accompanied … Continue reading "Lusophone ambassadors to China visit Hunan cooperation facility"
30 March 2021
Governor Mao Weiming of the southern Chinese province of Hunan has said his government supports the establishment in the Hunan city of Changsha of a centre to facilitate exchanges by the province and the Portuguese-speaking world, the China News website reports. The Chinese state-run website says Mr Mao said so when he and the ambassadors … Continue reading "Gateway for trade between lusophone markets, Hunan envisaged"
26 March 2021
The Macao subsidiary of Industrial and Commercial Bank of China (ICBC) has announced the opening in the city of the ICBC Sino-Luso Research Centre, the China Finance Net website reports. The Chinese state-run website says the bank announced the opening of the centre at a conference on Tuesday. The report says the centre is the … Continue reading "ICBC opens Macao centre for research into intl engagement"
25 March 2021
A Macao-owned maker of Portuguese wine, Quinta da Marmeleira, is hoping to increase its sales in China, according to the China Brand and Development Project, which put on the 7th China Brand Innovation and Development Forum in Beijing. The China Brand and Development Project issued a written statement quoting Quinta da Marmeleira Director Lao Chao … Continue reading "Quinta da Marmeleira aiming for more business in China"
22 March 2021
The government of Mozambique will issue national identification cards to more citizens of the country that live abroad, Rádio Moçambique reports. The state-owned broadcaster quotes Alberto Sumbana, a spokesman for the issuing authority, as saying cards will now be issued to Mozambicans in China, Ethiopia, Germany, Kenya, South Africa and the United States. The purpose … Continue reading "Mozambique to issue citizens living in China with ID cards"
18 March 2021
Deputy Secretary-General of the Permanent Secretariat of the Forum for Economic and Trade Co-operation between China and Portuguese-speaking Countries (Macao), Mr Ding Tian, received on March 17 a delegation headed by the Coordinator of the Hong Kong and Macao Affairs Office of Jiangsu Province, Mr Fei Shaoyun. The two sides exchanged opinions on strengthening cooperation, boosting Macao’s platform role between China and … Continue reading "Delegation of the Hong Kong and Macao Affairs Office of Jiangsu Province visited the Permanent Secretariat of Forum Macao"
16 March 2021
China has given Mozambique medical and surgical equipment to improve the healthcare given to Mozambican mothers and their newborns, the Chinese Embassy in Maputo says. The embassy issued a written statement saying the gift is an outcome of the South-South Cooperation Programme undertaken by China and the UN Population Fund (UNFPA). The embassy says the … Continue reading "China gives Mozambique equipment for maternity care"
4 March 2021
On March 3, Deputy Secretary-General of the Permanent Secretariat of the Forum for Economic and Trade Co-operation between China and Portuguese-speaking Countries (Macao), Mr Ding Tian, welcomed to the Permanent Secretariat of Forum Macao a delegation from the Administrative Committee of the China-Shanghai Cooperation Organization Demonstration Zone for Local Economic and Trade Cooperation. The visiting … Continue reading "Representatives from the Administrative Committee of the China-Shanghai Cooperation Organization Demonstration Zone for Local Economic and Trade Cooperation visit Permanent Secretariat of Forum Macao"
4 March 2021
An adviser of the Fintech Association of Hong Kong, Oriol Caudevilla, thinks Macao should exploit its ties to the Portuguese-speaking world to get into the business of green finance. Mr Caudevilla, who sits on the committees of the association that deal with blockchain business, digital banking and the Guangdong-Hong Kong-Macao Greater Bay Area, says so … Continue reading "Macao urged to use foreign ties to get into green finance"
4 March 2021
The Lusophone Markets Business Association is considering setting up an outpost in the Nansha district of the southern Chinese city of Guangzhou to help companies doing business between China and the Portuguese-speaking world to attract investors and advertise, the Macau Daily News reports. The newspaper says some members of the association have called for the … Continue reading "Springboard for international business mooted for Nansha"
3 March 2021
Official data indicate that the value of merchandise exports by Macao to the Portuguese-speaking world grew to 160,000 patacas (about US$20,000) in January, over five times the value a year earlier. Figures published by the Macao Statistics and Census Service last week show that all merchandise exports in January were domestic exports, as opposed to … Continue reading "Macao January exports to Portuguese-speaking world quintuple"
3 March 2021
The head of the Macao Polytechnic Institute International Portuguese Training Centre, Joaquim Ramos de Carvalho, believes the development of the Guangdong-Hong Kong-Macao Greater Bay Area will facilitate academic cooperation by China and the Portuguese-speaking world, the institute says. The Macao Polytechnic Institute issued a written statement quoting Mr Ramos de Carvalho as saying so at … Continue reading "Closer academic ties between China, lusophone world forecast"
3 March 2021
The China Foreign Languages Publishing Administration says it has formed a committee of lusophone experts to set and grade tests for translators and interpreters of Chinese into Portuguese and vice-versa, which will be introduced in June. The administration issued last week a written statement saying six of the 12 highly qualified translators and interpreters that … Continue reading "Lusophone committee to set translation, interpretation tests"
1 March 2021
Mozambique has taken delivery of its first 200,000 doses of a vaccine against COVID-19 supplied by Sinopharm Group Co. Ltd of China, the Chinese Embassy in Maputo says. In accepting the gift of the vaccine, Mozambican Prime Minister Carlos Agostinho do Rosário said it reflected the strength of Sino-Mozambican friendship, according to a written statement … Continue reading "First doses of Chinese COVID-19 vaccine reach Mozambique"
25 February 2021
The first batch of vaccines against COVID-19 that China is sending to Mozambique should arrive shortly, O País says, citing a Mozambican public health official, Benigna Matsinhe. “By the end of the month of February we will have the first doses,” the Mozambican newspaper quotes Ms Matsinhe as saying on Monday. Ms Matsinhe said health … Continue reading "First Chinese COVID-19 vaccines due in Mozambique this week"
24 February 2021
Chinese state-owned Shandong Iron and Steel Group Co. Ltd says it has started mass production of hot-rolled steel H-beams for a liquefied natural gas project off the coast of Mozambique, Jiemian reports. The Chinese website quotes Shandong Iron and Steel as saying yesterday that the first batch of beams was produced in a trial run … Continue reading "Chinese steel for Mozambican LNG project rolls off the line"
22 February 2021
Trade in merchandise between China and Portuguese-speaking Countries reached US$145.185 billion in the period from January to December 2020. It represented a 2.98 percent decrease year-on-year, according to data from China Customs. Portuguese-speaking Countries sold goods worth US$101.949 billion to China in 2020, down by 3.43 percent year-on-year. The value of China’s merchandise exports to those countries … Continue reading "Trade between China, Portuguese-speaking Countries nearly US$145.19 bln in 2020"