Economic and Business Information

2017-09-11

Embraer may mull building commercial aircraft factory in China

Embraer SA Chief Executive Paulo Cesar de Souza e Silva has said the Brazilian planemaker may think about building a factory in China for manufacturing commercial aircraft in a couple of years from now, Bloomberg reports.

2017-09-08

China the main source of FDI in Mozambique in H1

Official figures indicate that China was the biggest source of foreign direct investment in Mozambique in the first half of this year, the 21st Century Business Herald reports.

2017-09-08

State Grid becomes main electricity utility in Brazil

State Grid Corp. of China has become the largest generator and distributor of electricity in Brazil, the China Daily reports.

2017-09-08

Chinese president ready to work with new Angolan president

Chinese President Xi Jinping has expressed willingness to co-operate with newly elected Angolan President João Lourenço in developing the Sino-Angolan strategic partnership, Angop reports.

2017-09-07

Consultants say more oil means more money for Angolan govt

BMI Research says greater oil production in Angola will increase fiscal revenue, reduce the budget deficit and allow the government to spend more, Lusa reports.

2017-09-07

Chinese to train Mozambican media workers

Members of the Chinese mass media will help train their counterparts in Mozambique, the China Daily reports.

2017-09-07

Brazil, China reach agreement on biodiesel production

Representatives of China and Brazil have signed an agreement on the production of biodiesel, Agência Brasil reports.

2017-09-06

Brazilian GDP grows 0.2 pct in Q2, meaning annual growth of 0.3 pct

Official figures indicate that the Brazilian economy was 0.3 percent bigger in the second quarter of this year than a year earlier and 0.2 percent bigger than in the first quarter, Reuters reports.

2017-09-06

Portuguese, Chinese geoparks to promote each other

The northern Portuguese municipality of Arouca and the central Chinese city of Zhangjiajie have agreed to promote the geopark in Arouca among the people of Zhangjiajie and the geopark in Zhangjiajie among the people of Arouca, Lusa reports.

2017-09-06

Mozambique in bid to attract Chinese investment

Representatives of Mozambique and other parts of Africa attended the China-Northeast Asia Expo in the northeastern Chinese city of Changchun this month in the hope of attracting Chinese investment in their countries, Xinhua reports.

2017-09-05

June turnover of Mozambican industries grows 4.6 pct

The index of the monthly turnover of all industries in Mozambique was 4.6 percent higher in June than a year earlier, Lusa reports.

2017-09-05

China EximBank gives guarantee to builder of Angolan power station

The Export-Import Bank of China has given the builder of the Caculo Cabaça hydroelectric power station in Angola a US$40 million guarantee, the People’s Daily reports.