Gaming services company Macau Legend Development plans to develop an integrated leisure, tourism and entertainment project in Portugal, the firm said.

Brazilian mining group Vale announced it has recently sold three ore cargo ships to a consortium led by the Industrial and Commercial Bank of China (ICBC) for a total of US$269 million.

Chinese company China Railway Rolling Stock Corporation (CRRC) is willing to increase its business in Mozambique, the newspaper Notícias reported this week.

The Portugal-China Youth Entrepreneur Association (also known by the Portuguese acronym AJEPC) and the Algarve Association of Commerce and Services (ACRAL) have signed a protocol aimed at increasing the exports of products from the Portuguese region of Algarve to the Chinese market, Portuguese news agency Lusa reported on Wednesday.

Cape Verde is ranked second in Africa for the quality of its governance according to an index compiled by the World Bank, local newspaper A Semana reported last week.

Brazil posted a trade surplus of US$23.64 billion in the first half of this year, with the result being affected by the nation’s weakening currency, the Brazilian real, said the Ministry of Development, Industry and Foreign Trade last week.

Hospitals in Portugal might consider having services offering Traditional Chinese Medicine; including pharmacies to dispense them, said this week the European nation’s Director-General of Health, Francisco George.

Manufacturing activity in China slowed in June, given weak demand in domestic and overseas markets, said the National Bureau of Statistics of China.

A subsidiary of state-owned China Railway Construction Corporation has been awarded a contract to expand Kuito Airport, in the central province of Bié, in Angola. So said the African nation’s National Enterprise for the Operations of Airports and Air Traffic Control (ENANA).

The governments of Macau and East Timor are willing to strengthen further their bilateral co-operation in the fields of education, welfare and culture.

Portugal’s unemployment rate stood at 11.6 percent in May, remaining unchanged from the previous month, the European nation’s statistics bureau announced last week.

The World Bank has approved US$40-million worth of support – US$26 million via grants – to an agricultural project in Mozambique, the international institution announced last week.