2016-01-18
The Asian Infrastructure Investment Bank (AIIB) – a China-led financial institution with multilateral support – has opened for business, the institution announced in a statement. Brazil and Portugal are among the bank’s 57 founding members.
2016-01-18
A task force of ships from the People’s Liberation Army (PLA) Navy started on Saturday a five-day official visit to East Timor, Chinese state-run news agency Xinhua reported.
2016-01-18
Eduardo Mondlane University (UEM), one of the oldest tertiary education institutions in Mozambique, will offer a degree course in Chinese starting from this year, Chinese state-run news agency Xinhua reported on Friday.
2016-01-15
China attracted US$126.27 billion in inward non-financial foreign direct investment (FDI) in 2015, the Chinese Ministry of Commerce announced on Thursday.
2016-01-15
Loans provided by the Export-Import Bank of China (China Exim Bank) to countries involved in the Belt and Road Initiative were up 46 percent from the beginning of 2015 to 520 billion yuan (US$79 billion) at the year-end, Chinese state-run news agency Xinhua reported.
2016-01-15
China and Brazil have begun assessing potential investment co-operation in new projects in the South American nation, Brazilian newspaper Jornal do Brasil reported this week. The move comes after the two countries last year signed investment agreements worth more than US$50 billion.
2016-01-14
The global decline in oil prices is having a limited impact in East Timor’s public finances for the current year, Vice Minister of Finance Helder Lopes, said on Wednesday.
2016-01-14
China’s total trade value fell 7 percent year-on-year to 24.59 trillion yuan (US$3.73 trillion) in 2015, the Chinese General Administration of Customs announced on Wednesday.
2016-01-14
Chinese company Shanghai Electric Power is investing US$25.5 million to develop a coal-fired power project in Tete, Mozambique, in partnership with London-listed Ncondezi Energy group.
2016-01-13
The Chinese economy has met its target of an annual growth rate of approximately 7 percent in 2015, said China’s Secretary General of the National Development and Reform Commission, Li Pumin.
2016-01-13
China’s President Xi Jinping has called for advancing reforms in all sectors, Chinese state-run news agency Xinhua reported.
2016-01-13
Yang Shaolin, a top-ranking official in China’s Ministry of Finance, and Brazil’s former Minister of Finance Joaquim Levy have been appointed to key executive posts in the World Bank Group due to their “vast financial and management expertise”, the international institution announced on Monday.
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