Work on the Lobito Refinery, located in Benguela province and run by the Chinese company CNCEC, has reached 46% completion in the first phase of the project, according to a statement from the company.

Victor Queiroz, General Manager of ApexBrasil's Asia-Pacific Office, met with Mr. Li Pengcheng, CEO of Inner Mongolia Mengniu Dairy (Group) Co. (Mengniu Group), to exchange views on Mengniu's international business and opportunities for agricultural cooperation in Brazil. The meeting was attended by Mr. Wu Xichun, Vice President of the Mengniu Group.

TCL announces plans to expand its presence in Brazil, planning a new factory in the country, reinforcing investments in large smart TVs and targeting new product categories.

One hundred thousand houses are to be built over the next four years (50 months) in Angola to exclusively benefit the Angolan teaching profession, in an initiative by the Chinese construction company “The 23rd Metallurgical Construction Group Co”, which is planning an initial investment of 1.5 billion US dollars.

ChinaAMC (China Asset Management Company), China's second largest asset manager, has announced plans to launch an investment fund in Brazil in 2025.

Horse Powertrain, the joint venture between Renault and China's Geely for the production of combustion engines and hybrids, announced on January 14 the start of production at its factory in Aveiro, Portugal, of the new eMotor electric motor.

The groundbreaking of the Comoro Substation and 150kv Transmission Line took place on January 9 in Fomento, Dili, with the aim of strengthening the supply of electricity to the population of Dili. The initiative was organized by the Ministry of Public Works and Electricity of Timor-Leste (EDTL), with the support of the Chinese government.

China reported that Brazil was the country to which it increased exports the most in 2024, following the release of the trade balance, according to Valor Econômico.

Last week, the China Council for the Promotion of International Trade (CCPIT) and the China Chamber of International Commerce (CCOIC) promoted a meeting between the Apex Office in Beijing and Chinese companies.

WEST HORSE POWERTRAIN PORTUGAL, a joint venture between Chinese car manufacturer Geely and Renault, was one of the main investors in Portugal in 2024, according to official figures.

Sinochem, a Chinese company, controls Syngenta, which announced the opening of fifteen technology hubs in Brazil's main producing regions.

The Brazilian leather sector closed 2024 with export revenues of US$ 1.26 billion, an increase of 12.5% on the previous year. The volume shipped grew by 22.3% in square meters and 38.8% in weight, according to a report by the Centre for the Brazilian Tanning Industry (CICB).