Economic and Business Information

2017-04-28

Four Portuguese-speaking Countries to benefit from new import rules

Angola, Guinea-Bissau, Mozambique and East Timor will enjoy preferential treatment under new import rules approved by the Central Government, the China Briefing website reports.

2017-04-28

Portugal invests €1.7mln to promote tourism in Mainland China

The Portuguese government will invest €1.7 million on tourism promotion in Mainland China this year, the Jornal de Negócios reports.

2017-04-27

Mainland firm to install 7 hybrid power stations for €225 mln in Angola this year

Dongfang Electric Corporation, State-owned enterprise, will install seven hybrid power stations in Angola this year in a €225-million deal (US$245.6 million), Lusa reports.

2017-04-27

Mainland China is biggest source of foreign investment in Brazil this year

The Mainland is the single biggest foreign investor in Brazil this year, Xinhua reports. The government-run news agency cites data from Dealogic who have estimated that US$5.67 billion has been spent by Mainland interests on mergers and acquisitions in Brazil up to the middle of this month.

2017-04-27

Mainland China earmarks US$146mln for infrastructure in São Tomé and Príncipe

Beijing has earmarked US$146 million for São Tomé and Príncipe to build the infrastructure in deals agreed to earlier this month, the Macauhub website reports.

2017-04-26

Users flock to website for data on Portuguese-speaking Countries

The Economic and Trade Co-operation and Human Resources Portal Between China and Portuguese-speaking Countries had almost 14,000 registered users by the end of last month, the Macao Trade and Investment Promotion Institute (IPIM) says.

2017-04-26

Angola the second-biggest source of Chinese oil imports in March

Angola was the second-biggest supplier of oil to the Mainland last month, Bloomberg reports. The news agency, citing data obtained from the Chinese General Administration of Customs, says 4.67 million tons of oil was imported from Angola last month, 43 percent more than the month before.

2017-04-26

Mainland China’s HNA Group buys stake in Rio de Janeiro International Airport

A subsidiary of commercial aviation company HNA Group Co., Ltd. has bought a stake in Rio de Janeiro International Airport, Reuters reports.

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.