Economic and Business Information

2017-11-15

Chinese navy medics attend to 10,000 in Mozambique

The medical staff of a Chinese naval hospital ship, the Peace Ark, attended to 10,000 patients free of charge during its eight-day humanitarian mission in Mozambique, Xinhua reports.

2017-11-15

Chinese miners look for minerals in northern Mozambique

Five Chinese companies are trying to assess the extent of mineral reserves in Eráti, in northern Mozambique, AIM reports.

2017-11-15

Portuguese economic growth slows to 2.5pct in Q3

Official data indicate that the annual rate of growth in the Portuguese economy was 2.5 percent in the third quarter of this year, Xinhua reports.

2017-11-14

Oi survival hopes pinned more on recovery plan than China Telecom

Brazilian telecommunications company Oi SA is concentrating its efforts to stave off bankruptcy more on negotiations between its creditors and shareholders than on finding new partners, Reuters reports.

2017-11-14

Attendance of 650 expected at Portuguese travel industry gathering

About 650 people have registered their intention to attend the 43rd National Congress of the Portuguese Association of Travel and Tourism Agencies, to be held in Macao this month, the Macao Government Tourism Office (MGTO) says.

2017-11-14

Super Bock beer sales double in China

Portuguese brewer Super Bock Group has doubled sales in China of its main brand of beer, Super Bock, Expresso reports.

2017-11-13

São Tomé and Príncipe lawmakers give nod to visa deal with China

The National Assembly of São Tomé and Príncipe has unanimously approved a reciprocal agreement between São Tomé and Príncipe and China to exempt some visitors from the requirement to have a visa, Angop reports.

2017-11-13

COFCO imports of Mato Grosso soybeans to reach 7.2 bln tonnes

Chinese commodities trader COFCO International Ltd means to nearly double the annual amount of soybeans it imports from the Brazilian state of Mato Grosso over the next five years, Reuters reports.

2017-11-13

Caoa Group buys half of Brazilian arm of Chery

Brazilian car distributor Grupo Caoa has bought 50 percent of the Brazilian operation of Chery Automobile Co. Ltd of China, and intends to invest up to US$2 billion in the venture over the next five years.

2017-11-10

First bi-monthly report on Chinese investment in Brazil published

The Brazilian government has published its first bi-monthly report on Chinese investment in Brazil, Xinhua reports.

2017-11-10

Officer says joint Sino-Angolan military exercises in prospect

The leader of a Chinese military delegation visiting Angola says Sino-Angolan defence ties could soon lead to joint exercises, Jornal de Angola reports.

2017-11-10

Cape Verdean, Chinese officials discusses direct air services

Cape Verdean Minister of Foreign Affairs and Defence Luís Filipe Tavares has said representatives of China and Cape Verde are negotiating an agreement that could lead to direct flights between their countries, Inforpress reports.