Economic and Business Information

2017-08-25

BYD wins order for equipment for Brazilian solar power plant

The developers of a solar power station in Brazil have ordered a 180 megawatt photovoltaic module from BYD Co. Ltd, a Chinese manufacturer of rechargeable batteries, Reuters reports.

2017-08-25

Angola third-biggest source of Chinese oil imports in July

The volume of Angolan exports of crude oil to China fell to 3.91 million tonnes last month, 17.1 percent less than a year earlier, making Angola the third-biggest supplier of oil to China last month, behind Russia and Saudi Arabia, Reuters reports.

2017-08-24

Seminar looks at how law, regulators affect Chinese investment in Brazil

The Getúlio Vargas Foundation, a Brazilian university, says it has held a seminar on the regulatory and legal aspects of the Chinese economic presence in Brazil.

2017-08-24

Future of Angola hinges on oil exports to China, academic predicts

The head of the Africa programme at the Chatham House think-tank, Alex Vines, believes Angola under a new president will depend greatly on its exports of oil, most of which go to China.

2017-08-24

Analysts expect Chinese foreign trade to grow in 2017

Analysts think the value of Chinese foreign trade will probably be greater this year than last, because of the momentum built up by strong growth in trade in the first half, and closer Chinese economic cooperation with Brazil, Russia, India and South Africa, Xinhua reports.

2017-08-22

Last parts of Maputo Bay bridge on their way to Mozambique

The Chinese-made metal components of the deck of the suspension bridge that will span Maputo Bay in Mozambique have been loaded onto a ship in Shanghai, ready to be transported to Maputo, Radio Mozambique reports, citing a representative of the owner of the bridge as its source.

2017-08-22

Chinese diplomat says Sino-African co-operation to increase

Chinese Ambassador to South Africa Lin Songtian has said co-operation between China and Africa will increase with a view to accelerating the industrialisation of the continent and the modernisation of its agriculture, New Era reports.

2017-08-22

Brazilian official stresses value of Sino-Brazilian economic ties

A senior official in Brazil, Moreira Franco, has described the Sino-Brazilian economic relationship as extremely important for his country, Xinhua reports.

2017-08-21

Chinese train maker to help enlarge Rio de Janeiro subway

Chinese company CRRC Changchun Railway Vehicles Co. Ltd, which supplies trains that run on the Rio de Janeiro subway system, will collaborate in the expansion of the system, Xinhua reports.

2017-08-21

Angola thanks China for money for road building

Angolan Finance Minister Archer Mangueira has expressed his nation’s gratitude to China for paying for the newly opened road between Boavista and Sambizanga, Jornal de Angola reports.

2017-08-21

Brazil-China Chamber of Commerce to open Xiamen office

The Brazil-China Chamber of Commerce will open next month a new permanent office in the southern Chinese city of Xiamen to promote Brazilian business there, the Brazilian Ministry of Tourism has announced.

2017-08-18

Brazilian economic activity index rises in June

The official index of economic activity in Brazil was 0.5 percent higher in June than the month before, indicating that the economy is recovering from its slump, Reuters reports.