Economic and Business Information

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.

2017-08-08

Diplomat says nearly 3,000 Chinese living in Cape Verde

The Cape Verdean ambassador in Beijing says the number of Chinese living in her country numbers almost 3,000 people, Chinese Social Sciences Today reports.

2017-08-08

Mozambican GDP will grow 4 pct this year, says S&P predicts

Standard & Poor’s expects economic growth in Mozambique will accelerate to 4 percent this year from 3.8 percent last year, Lusa reports.

2017-08-07

Exchange scheme sees Cape Verde students head to Guangdong

A party of 14 students attending the Confucius Institute at the University of Cape Verde will begin this month a visit to China as part of an exchange programme, the university has announced.

2017-08-07

For Chinese firms, success in Brazil begins with knowing the law, seminar told

Chinese companies operating in Brazil must better understand the law if want to succeed, Xinhua reports.

2017-08-07

China Gezhouba starts work on US$4.5-bln hydropower station in Angola

Construction has started on the Caculo Cabaça hydroelectric power station in Dondo in Angola’s Cuanza Norte Province, Xinhua reports.