CITIC Agri Fund, which is controlled by Chinese conglomerate CITIC Ltd, has announced the completion of its US$1.1 billion purchase of the Brazilian seed business of Dow Chemical Co. of the United States, Reuters reports.

Chinese courier company STO Express will set up in the first half of next year a shopping website where Brazilians can buy Chinese products, O Globo reports.

The National Administration of Conservation Areas in Mozambique has announced that it is negotiating with China about ways to co-ordinate measures to counter trafficking in wildlife, AIM reports.

Macao University of Science and Technology (MUST) and the Chinese Academy of International Trade and Economic Co-operation, an arm of the Ministry of Commerce, will publish next September a document on research into economic co-operation by China and the Portuguese-speaking Countries, the China News Service reports.

State Grid Corp. of China is interested in bidding for more concessions to operate power transmission lines in Brazil, Reuters reports.

Representatives of the China Council for Promotion of International Trade and the Business Leaders Group of Brazil have signed an agreement with a view to increasing Chinese imports from Brazil, Agência do Brasil reports.

Hunan Dakang International Food and Agriculture Co. Ltd of China intends to enter the beef butchery business in Brazil, Reuters reports.

China Mobile Ltd has become the second Chinese company to show interest in investing in the debt-laden Brazilian telecommunications company Oi SA, Reuters reports.

China imported about 50 million tonnes of soybean from Brazil in the first 10 months of this year, Notícias Agrícolas reports, citing data given by the Brazilian Association of Vegetable Oil Industries.

The biggest solar power farm in South America, the Nova Olinda Solar Park in the northeastern Brazilian state of Piauí, has begun producing electricity, O Globo reports.

CEFC China Energy Co. Ltd has agreed to acquire Montepio Seguros, the insurance business of Portuguese savings and pension fund manager Montepio, Xinhua reports.

The Portuguese Parliament has passed the government budget bill for next year, which envisages reducing the fiscal deficit, Reuters reports.