Three Mainland Chinese lenders will help finance a floating liquefied natural gas (LNG) project off the coast of Mozambique, the online edition of The Asset magazine reports.

The Mozambique bank Millennium Bim has introduced yuan payment services to allow clients to settle trade invoices with Mainland China suppliers, the O Jornal Económico reports.

A delegation from the Union of Capital Cities of Portuguese Language (UCCLA) will meet officials and businesspeople in a boost to Macao’s role as a destination where China and the Portuguese-speaking Countries do business.

Trade and investment between China and Brazil is developing, with China now accounting for more than 40 percent of the South American country’s trade surplus for the first four months of this year, Agência Brasil reports.

Some 17 Cape Verdean journalists and media professionals are currently in Mainland China on a 19-day training programme, A Nação reports.

Work to improve infrastructure of Sumbe, the capital of Cuanza Sul province, has resumed after it ground to a halt, Angop reported.

China Southern Airlines Co. Ltd. wants to establish new Brazilian and African routes, the South China Morning Post reports. The Sunday edition of the Hong Kong newspaper says Asia’s biggest carrier in terms of passenger volume wants to further its global reach.

Political scandal has not harmed Brazil’s economic recovery, according to Brazilian Finance Minister Henrique Meirelles.

Chinese exports grew by 15.5 percent in year-on-year terms last month, further accelerating from April’s 14.3-percent increase, Xinhua reported yesterday.

State-owned enterprise CITIC Construction, from China, is planning to invest in Angola’s steel and agriculture industries, Angop reports.

Ties between the Mainland and Portugal could be strengthened by a better understanding of each other’s literature, the Lusa news agency reports.“We can learn a lot from another through science and technology but there is one very important thing that literature brings: it is the understanding of humans,” Portugal’s Minister of Culture Luís Castro Mendes told the 1st Portugal-China Literary Forum in Lisbon.

Mainland China and Hong Kong were the biggest markets for Brazilian beef last month, according to figures provided by Brazilian Beef Exporters Association.