Economic and Business Information

2017-07-28

Fosun buys office tower in Brazil for US$140.1 million

The Fosun Group has bought the Torre Sucupira, an office building in São Paulo, for US$140.1 million, the Deal Street Asia website reports.

2017-07-28

China donates 100 computers to Mozambique’s parliament

China donated 100 computers worth 1 million yuan (US$148,000) to the parliament of Mozambique on Wednesday, the O País newspaper reports.

2017-07-28

China growth is supporting Brazil’s economy, says academic

Better-than-expected growth in China has had a positive impact on the Brazilian economy, says José Luiz Oreiro, an economics professor at the University of Brasilia.

2017-07-27

China contributes US$26 mln to Guinea-Bissau fishing port

2017-07-27

US$3.5 mln of São Tomé and Príncipe budget financed by China

China will provide €3 million (about US$3.5 million) of the money the government of São Tomé e Príncipe intends to spend this year, Lusa reports.

2017-07-27

China buys one-quarter of Brazilian exports in H1

China was the biggest market for Brazilian exports in the first half of this year, accounting for one-quarter of the total value, the China News Service (CNS) reports.

2017-07-26

Two think tanks offer forecasts for 6.8-pct growth in China this year

Two official think tanks have suggested China’s economy could grow by 6.8 percent this year, higher than the Government’s target of 6.5 percent, the Government-run Xinhua news agency reports.

2017-07-26

China pull means IMF could be based in Beijing in a decade, says Lagarde

The Chinese economic muscle could lead to the International Monetary Fund (IMF) moving its head office to Beijing in a decade, says the fund’s managing director Christine Lagarde.

2017-07-26

Portugal may welcome 1 mln Chinese tourists a year, says ambassador to Beijing

Portugal’s Ambassador to China says 1 million Chinese tourists could visit the country annually, the Lusa news agency reports.

2017-07-25

Macao Government says Portuguese language important for co-operation

Macao’s position as a platform for co-operation between China and the Portuguese-speaking Countries depends on a strong commitment to the teaching of the Portuguese language, says Macao’s Secretary for Social Affairs and Culture Alexis Tam.

2017-07-25

First four Beijing-Lisbon flights on Capital Airlines close to selling out

The first four direct flights between China and Portugal will take off tomorrow with few – if any – vacant seats, the Lusa news agency reports.

2017-07-25

Angola remains China’s No.2 ranked oil supplier last month

Angola was the second biggest supplier of crude oil to China last month, behind only Russia, according to data published by the General Administration of Customs on Monday.