Brazilian shipments of iron ore to China increased 6.5 percent in volume terms year-on-year in the first seven months of 2015, financial news service Bloomberg reported last week.

The International Monetary Fund (IMF) will freeze a decision on whether to update the composition of its Special Drawing Rights (SDR) basket of currencies until September 30, 2016. That would be the earliest date for the possible inclusion of the Chinese currency – the yuan – in the international reserve asset, the IMF said on Wednesday.

Portugal has named Duarte Bué Alves as the head of the new Consulate General in Guangzhou, the capital city of the Chinese province of Guangdong.

Hundreds of companies from China will take part in the second edition of China Machinex Brazil. The industry event will feature a selected group of energy sector manufacturers, the fair’s organisers said. It is taking place between September 14 and 16 in the Brazilian city of São Paulo.

A newly approved private investment law in Angola will spur investments in the African nation by reducing bureaucracy, government officials said.

Mozambican Prime Minister, Carlos Agostinho do Rosário, said on Tuesday that the country needs more investment in the tourism industry, reported local daily newspaper Notícias. Only then can Mozambique become a reference point in the international tourism market, he added.

David Chow, Chief Executive and Co-Chairman of Macau Legend Development, says the investment that his company is making in Cape Verde will encourage more Macao companies to follow suit.

Visitor arrivals to Cape Verde numbered 116,284 in the three months to June 30, up by 4.8 percent year-on-year, show data from the country’s national statistics bureau, Instituto Nacional de Estatística de Cabo Verde (INECV).

The agricultural industry is the “main focus” in Angola of Chinese state company CITIC Construction Co, said Liu Guigen, general manager of the company’s Africa branch.

China was the biggest customer for Brazil’s agricultural and livestock product exports in July, increasing its share from 25.5 percent to 32.1 percent, said the Ministry of Agriculture of Brazil.

China should allow its economy to slow again next year as it tries to push forward with more reforms in credit and financial areas, said the International Monetary Fund (IMF).

Infrastructure projects to develop East Timor’s enclave of Oecusse are moving forward at a good pace said Mari Alkatiri, who chairs the Authority for the Special Administrative Region of Oecusse. He said 40 percent of the approximately US$130 million budgeted this year for the development of the economic area has been utilised.