Economic and Business Information

2017-06-07

Angola’s recently opened Bank of China branch to help promote bilateral trade

A newly opened Bank of China branch could help promote economic and trade ties between Angola and Mainland China, the government owned Xinhua news agency reports.

2017-06-07

Shanghai Electric to take majority share in Brazil’s Eletrosul power projects

A subsidiary of Shanghai Electric Power Co. Ltd has signed a non-binding agreement to buy the majority share in the power transmission infrastructure of the Brazilian government-owned utility Eletrosul Centrais Elétricas SA.

2017-06-07

David Chow’s Macau Legend plans to open bank in Cape Verde

The Macau Legend Development group plans to open a bank called the Banco Sino-Atlântico in Cape Verde’s Praia, the Lusa news agency reports.

2017-06-06

Next week’s Cape Verde trade event confirms attendance of 400 businesspeople

More than 400 businesspeople will take part in the Meeting of Entrepreneurs for Economic and Commercial Cooperation between the Mainland and Portuguese-speaking Countries in Cape Verde next week, the Portuguese news agency Lusa reports.

2017-06-06

Updated World Bank estimates forecast growth in China, Brazil, Angola

China, Brazil and Angola will see economic growth this year, the World Bank’s most recent Global Economic Prospects reports.

2017-06-06

Angola wants more cooperation with China to develop strategic alliance

Angola will cooperate further with China, while enhancing mutual trust and taking the strategic partnership to a new level, the Government-run news agency Xinhua reports.

2017-06-05

State Councillor Wang Yong to sign cooperation agreements in Luanda

The Councillor of the State Council, Wang Yong, will sign a series of agreements to strengthening cooperation between the Mainland and Angola, the Angolan Ministry of Foreign Affairs says.

2017-06-05

Seven deals signed between China, Portuguese-speaking Countries in Macao

Seven cooperation agreements between Mainland China and the Portuguese-speaking Countries were signed during the eighth edition of the International Infrastructure Investment and Construction Forum held in Macao last week.

2017-06-05

China firms make a bigger investment play in Brazil

More Mainland China investments in power and other utilities in Brazil are looming, says a report by Stratfor Worldview.

2017-06-02

Brazil’s economy grew 1pct in Q1 as economy swings from recession

Brazil’s economy grew by 1 percent in the first quarter of this year, the strongest growth since the second quarter of 2013, the Reuters news agency reports.

2017-06-02

China-Portuguese-speaking Countries Fund opens headquarters in Macao

The headquarters of the China-Portuguese-speaking Countries Cooperation and Development Fund was officially opened in Macao yesterday.

2017-06-02

Portugal and Macao plan international incubator for 20 start-up companies

Portugal will offer office space in Lisbon and support up to 20 new companies from Macao and Mainland China, Lusa reports.