China’s Assistant Minister of Foreign Affairs, Kong Xuanyou, is paying a visit to East Timor this week. The aim is to strengthen bilateral relations, Portuguese news agency Lusa reported.

Brazilian companies are increasingly eyeing China as a growing market for premium food products, said Brazil’s Trade and Investment Promotion Agency, known as Apex-Brasil, as quoted by Chinese state-run news agency Xinhua.

Brazil hopes more Chinese firms will invest in and sponsor the Rio 2016 Olympics, which start in fewer than 100 days, Chinese state-run news agency Xinhua reported.

Portugal and the European Union as a whole want to attract more Chinese investment, a Portuguese member of the European Parliament said, quoted by official Chinese news agency Xinhua.

Chinese mining and trading firm China Molybdenum Co Ltd has reached an agreement to buy the Brazilian niobium and phosphate businesses of U.K.-listed Anglo American Plc for US$1.5 billion, the latter said on Thursday.

The attribution – to Chinese state-run utility State Grid Corp – of contracts to build and operate two new power transmission lines in Brazil is beneficial for both countries, Chinese experts say.

Updates to the respective minimum wage for several economic sectors in Mozambique were announced this week. The increases represent increments of between 3.6 percent and 12.5 percent in the relevant sectors, announced Vitória Diogo, Minister of Labour, Employment and Social Security.

Credit lines provided by China to Angola are helping the African country to finance the construction of seven new industrial development hubs, said Kiala Gabriel, Angola’s Secretary of State for Industry.

Portuguese lender Banco Nacional Ultramarino (BNU), a banking institution based in Macau, said its business with clients related to Portuguese-speaking Countries grew by 153 percent year-on-year in 2015. The figure was given by the bank’s Chief Executive Officer, Pedro Cardoso, as quoted this week by Portuguese news agency Lusa.

The President of Cape Verde, Jorge Carlos Fonseca, said the development of ties between the African nation and China has resulted in a co-operation that serves as “a model” for bilateral relations.

Mining projects to be launched in Angola will require investment worth US$1.58 billion, Francisco Queiroz, Minister of Geology and Mining in the African nation, told Angolan newspaper Expansão.

The Chinese Embassy in Cape Verde has recently made a donation of 3.1 million escudos (US$31,577) to the Training Centre of the National Police in the archipelago, Cape Verdean newspaper A Semana reported on Monday.