Economic and Business Information

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.

2017-04-19

Beijing Capital Airlines to start direct China-Portugal flights on July 26

Beijing Capital Airlines will begin flying direct between the Mainland and Portugal on July 26, Lusa reports. The Portuguese news agency quotes the airline as saying it will put on return flights three times a week between Lisbon and the eastern Chinese city Hangzhou, routed via Beijing.

2017-04-19

Cape Verde, Huawei agree on closer co-operation in technology

The Information Society Operational Nucleus of Cape Verde and Huawei Technologies Co. Ltd. have agreed to co-operate in information communication technology, A Semana reports.

2017-04-19

Mainland China interested in investing in Angola’s far north

Ambassador to Angola Cui Aimin says Mainland China is interested in investing in the energy, tourism, agriculture and fisheries in Soyo in the northern Angolan province of Zaire, Angop reports.

2017-04-18

Chinese economic growth accelerates to 6.9 percent in Q1

The annual rate of growth in Chinese gross domestic product increased to 6.9 percent in the first quarter of this year, the fastest pace for 18 months, Xinhua reports, citing National Bureau of Statistics data.