Economic and Business Information

2016-10-28

Heavy machinery maker XCMG wants more Brazilian investments

The fifth largest manufacturer of construction machinery in the world is hopeful it can expand its footprint in Brazil, the Chinese government-run news agency Xinhua reports.

2016-10-28

Mainland signs public security co-operation agreement with Mozambique

China and Mozambique have signed a co-operation deal to strengthen the fight against transnational crime, Notícias reports.

2016-10-27

Jobless rate down slightly in mainland cities at end of third quarter

The urban unemployment rate was 4.04 percent in the third quarter of this year, down slightly from 4.05 percent in the second quarter, Xinhua reports.

2016-10-27

World Bank says Portugal top Portuguese-speaking Country for ease of business

Portugal is the top-ranked Portuguese-speaking Country in the latest Doing Business survey by the World Bank. The report, released this week, places Portugal 25 out of 190 countries and regions, a drop of two places from last year.

2016-10-27

Shanghai industrial group keen to increase exposure in Brazil

Shanghai Pengxin Group wants to invest more in Brazil, particularly in a railway project, an official Brazilian website reports.

2016-10-26

Business confidence in Cape Verde stays on upswing in 3Q 2016

Business confidence in Cape Verde continues to improve, registering the highest quarterly value in 16 quarters, the country’s National Statistics Bureau reports.

2016-10-26

Portugal among Europe’s top-tier destinations for Chinese investment

Portugal was the sixth biggest destination for Chinese investment in the European Union between 2010 and last year, El País reports.

2016-10-26

Jiangsu’s trade with Portuguese-speaking Countries exceeds US$10bil last year

Trade between Jiangsu province and Portuguese-speaking Countries amounted to nearly US$10.99 billion last year, says the government-run news agency Xinhua.

2016-10-25

Poll finds most Africans appreciate China’s influence on their countries

The results of an opinion survey by Afrobarometer indicate that 63 percent of Africans consider Chinese influence on their countries to be “somewhat positive” or “very positive”, the survey report says.

2016-10-25

Angola remains the mainland’s main oil supplier for month of September

Angola was the mainland’s biggest supplier of crude oil for the second consecutive month last month, Reuters reports.

2016-10-25

Cement plant built with Chinese investors starts work in Mozambique

A US$19-million cement plant backed by Zhonggang Construction Group has begun operating in the Mozambican city of Pemba, JS China reports.

2016-10-24

Jiangsu trade park to spur links between Jiangsu, Portuguese-speaking countries

Macao and the eastern Chinese province of Jiangsu will jointly build a park in the Changzhou prefecture of Jiangsu which is intended in part to increase business between China and Portuguese-speaking countries, the Macao SAR Government has announced.