Economic and Business Information

2017-07-17

China GDP grows by 6.9 pct in second quarter

The Chinese economy grew at 6.9 percent in the second quarter, a rate above the Government’s annual target, according to data released by the National Bureau of Statistics of China.

2017-07-17

HNA Group subsidiary buys US$19-mln share in Rio de Janeiro’s biggest airport

HNA Infrastructure Co., Ltd. has bought a 30-percent stake in the Rio de Janeiro’s international airport from Brazilian engineering company Odebrecht SA, the Reuters news agency reports.

2017-07-14

Angola’s Vice-President thanks Mainland for spurring economic development

Angola’s Vice-President Manuel Domingos Vicente has thanked the Mainland for supporting rebuilding and economic development in Angola, the Xinhua news agency reports.

2017-07-14

Mainland exports jump 15 pct, imports surge 25.7 pct in 1H

International trade in the first six months of this year has expanded at the fastest pace since the second half of 2011, the Xinhua news agency reports.

2017-07-14

‘Belt and Road’ will see greater co-operation between China and Portugal

The “Belt and Road” Initiative might lead to more co-operation between China and Portugal, the Government-run news agency Xinhua reports.

2017-07-13

CITIC Agri Fund buys US$1.1bil corn seed business in Brazil

China’s CITIC Agri Fund has paid US$1.1 billion to buy a share in the corn seed business of US-based Dow Chemical Co in Brazil, the Reuters news agency reports.

2017-07-13

Angola to grow 2pct this year, Mozambique by over 4pct: Capital Economics

The Angolan economy is expected to bounce back from last year’s recession and grow by 2 percent this year and 2.5 percent next year, according to Capital Economics. The Lusa news agency says the London-based research consultancy has forecast growth of 4.5 percent for Mozambique this year and 5 percent next year.

2017-07-13

Mozambique’s President wants stronger cooperation with China

Mozambique hopes to strengthen cooperation with China in fields that include defence and security, Xinhua reports.

2017-07-12

MPI holds seminar for Portuguese-Chinese interpreters

A seminar for interpreters of Portuguese and spoken Chinese is taking place in Macao, the Macao Polytechnic Institute (MPI) has announced.

2017-07-12

China Culture Centre in Lisbon may be completed in 2018

The Chinese Embassy in Lisbon has said the China Culture Centre in the Portuguese capital may be completed by the end of next year, Xinhua reports.

2017-07-12

Lisbon-Beijing direct air service inaugurated

A direct air service between Lisbon and Beijing has been inaugurated, Lusa reports. The Portuguese news agency said the operator, Beijing Capital Airlines, will make the first flight on 26 July.

2017-07-11

Think tank forecasts Chinese GDP will grow 6.7 pct in 2017

The State Information Centre forecasts that gross domestic product in China will grow by about 6.7 percent this year, the Financial News reports.