Economic and Business Information

2017-08-14

Expect a gradual economic recovery in Brazil, says head of the central bank

Brazilian central bank chief Ilan Goldfajn has predicted that the country’s economy will recover gradually in the months to come as interest rates keep falling, Reuters reports.

2017-08-14

H1 exports of Angolan oil to China grow by 22 pct in past 12 months

The volume of Angolan oil exports to China grew to 27,100 tonnes in the first half of this year, a 22 percent increase over the same time last year, Bloomberg reports.

2017-08-11

State of São Paulo delivers strategy to attract more Chinese investment

São Paulo Governor Geraldo Alckmin has given Chinese businesspeople an outline of opportunities for investment in his state, the São Paulo State website reports.

2017-08-11

Portugal records lowest unemployment rate since 2011

The unemployment rate in Portugal fell to 8.8 percent in the second quarter of this year from 10.1 percent in the first, the Portuguese National Statistics Institute says.

2017-08-11

Brazil business community see opportunity in exports to China

Brazilian businesspeople want to increase their exports to China, a market that has accounted for one-quarter of the growth in international trade in the past 17 years, Xinhua reports.

2017-08-10

Angolan officials approve ongoing work by Chinese firms in Uíge

Inspectors surveying construction projects in the northern Angolan province of Uíge have expressed their approval of the work done China Tiesiju Civil Engineering Group Co. Ltd (CTCE) and China Road and Bridge Corp. (CRBC), Angop reports.

2017-08-10

Chinese consumer price inflation 1.4 pct in July

The annual rate of consumer price inflation in China slowed to 1.4 percent last month from 1.5 percent the month before, Xinhua reports.

2017-08-10

Chamber of Commerce hopes to boost Sino-Angolan non-oil trade

The Angola-China Chamber of Commerce hopes to increase trade between Angola and Mainland China in merchandise other than oil as Angola endeavours to make its economy more diverse, Angop reports.

2017-08-09

Brazilian govt aims to legislate to end payroll tax breaks

The Brazilian government intends to propose this year legislation to remove payroll tax breaks, Reuters reports.

2017-08-09

Hospital built by Sinomach opens in Angola

The new Municipal Hospital of Cuango, built by Chinese contractor Sinomach in the Angolan province of Lunda Norte, has been inaugurated, Angop reports.

2017-08-09

Chinese July exports grow 11.2 pct

The value in yuan of Chinese exports was 11.2 percent higher in July than a year earlier, and the value in yuan of Chinese imports was 14.7 percent higher, Xinhua reports, without giving either value.

2017-08-08

Institutions agree to increase Sino-Brazilian exchanges, reports People’s Daily

The Renmin University of China Chongyang Institute for Financial Studies and the Alexandre de Gusmão Foundation in Brazil have agreed to arrange more exchanges between their countries, the People’s Daily reports.