Economic and Business Information

2017-04-25

Tide of layoffs in Brazil being stemmed, labour minister says

Brazilian Minister of Labour Ronaldo Nogueira has said jobs are being lost in his country at a slower rate than before, Xinhua reports.

2017-04-25

Chinese vice-premier supports co-operation to make Africans healthier

Chinese Vice-premier Liu Yandong has called for greater Sino-African efforts to improve the health of Africans, Xinhua reports.

2017-04-25

Academy teaches Angolans how Chinese do business

Officials and managers in the Angolan public sector have completed 14 days of training in China meant to teach them about Chinese business culture and the Chinese way of communication, Angop reports.

2017-04-24

Central bank chief Zhou says Chinese economic growth on target

People’s Bank of China Governor of Zhou Xiaochuan says the Mainland’s economy is on course to hit the growth target of 6.5 percent set by the government for this year, Xinhua reports citing a statement from the International Monetary Fund (IMF). Zhou has made the remarks when attending the IMF’s spring meetings.

2017-04-24

Association head stresses business contribution to Sino-Cape Verdean ties

Cape Verde-China Friendship Association President José Correia has said partnerships formed by Cape Verdean and Mainland companies play a crucial role in Sino-Cape Verdean relations, Inforpress reports.

2017-04-24

Mainland China buys one-tenth of its oil from Angola in February, OPEC says

Angola was the third-biggest supplier of oil to Mainland China in February, Macauhub reports. The news website cites the latest monthly report by the Organization of Petroleum Exporting Countries which says Angola was the source of 10 percent Mainland oil imports.

2017-04-21

BYD expands manufacturing capabilities at Brazil factory

Shenzhen’s BYD Co., Ltd. has invested US$48 million to expand its Campinas factory in the Brazilian state of São Paulo, online media Macauhub reports.

2017-04-21

Angola’s Ambassador to the Mainland delivers talk at Tsinghua University

Angola’s ambassador the Mainalnd, João Garcia Bires, gave a talk recently at Tsinghua University in Beijing, Jornal de Angola reports.

2017-04-21

Portuguese university seeks new co-operation and exchanges with Macao institutions

Representatives from the Portuguese higher education institution Católica Global School of Law (CGSL) are in Macao with a view to establishing partnerships with universities, Jornal Tribuna de Macau reports.

2017-04-20

IMF revises prospects for Chinese economy; forecasts 6.6 pct growth this year

The International Monetary Fund has increased to 6.6 percent from 6.5 percent its prediction of the rate of expansion of the Mainland’s gross domestic product this year.

2017-04-20

Government announces minimum wage increases for nine occupations in Mozambique

Mozambique’s government has announced increases in the minimum wage in nine occupations, the increases ranging from 5.5 percent to 21 percent, AIM reports.

2017-04-20

IMF forecasts Brazilian economy will grow this year and next

The International Monetary Fund forecasts that Brazilian gross domestic product will expand by 0.2 percent this year.