Economic and Business Information

2017-08-29

China buys 75 pct of its soybean imports from Brazil in July

Brazil was the source of three-quarters of Chinese imports of soybeans last month, O Globo reports.

2017-08-29

Cape Verde now marketed to Chinese tourists online

The Cape Verdean government has announced the opening of a Chinese version of its tourism website, and the opening of its own tourism accounts in Chinese social media.

2017-08-29

Brazilian president seeks Chinese buyers in privatisation wave

Brazilian President Michel Temer and a party of Brazilian government ministers and businesspeople are beginning a visit to China to woo Chinese investment in Brazilian state-owned companies he means to sell, Agence France-Presse reports.

2017-08-28

China Paper makes US$5.06 bln bid for Eldorado Brasil Celulose

China Paper Holdings Ltd has joined the completion to buy Eldorado Brasil Celulose SA, Folha de São Paulo reports.

2017-08-28

China contributes to US$60 mln redevelopment of Dili

The Asian Infrastructure Investment Bank set up by China is helping pay for a US$60 million redevelopment project in the East Timorese capital, Dili, the Nikkei Asian Review reports.

2017-08-28

Sino-Brazilian deal on multiple-entry visas awaits signature

Representatives of China and Brazil will probably sign next month an agreement allowing each other’s citizens multiple-entry visas valid for five years, Brazilian Ambassador to China Marcos Caramuru de Paiva has said.

2017-08-25

China to give Cape Verde keyhole surgery equipment

China will donate two sets of equipment for keyhole surgery to the Agostinho Neto Hospital in the Cape Verdean capital, Praia, A Semana reports.

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.