Economic and Business Information

2015-12-15

China’s Ambassador calls for Chinese investment in Angola tourism, agriculture

The Chinese Ambassador to Angola, Cui Aimin, has called for Chinese entrepreneurs to invest in the tourism and agricultural sectors of the African nation, Angolan news agency ANGOP reported on Monday.

2015-12-15

Brazil and Cape Verde Ambassadors meet President Xi Jinping

The newly appointed Ambassadors to China from Brazil and Cape Verde presented on Monday their credentials to the Chinese President, Xi Jinping, the state-run news agency Xinhua reported.

2015-12-14

Portuguese university ISCTE launches PhD student association in China

The first association in China of doctoral students from the University Institute of Lisbon (ISCTE) was launched on Saturday in Chengdu, Portuguese news agency Lusa reported.

2015-12-14

Brazil’s Vale sells freight ships to Chinese consortium for US$423mln

Brazil’s mining giant Vale has sold four very large freight-carrying ships – known as mega freighters – to a Chinese consortium for US$423 million, Chinese state-run news agency Xinhua reported last week.

2015-12-14

Angolan Minister of Geology and Mining visits China

Angola’s Minister of Geology and Mining, Francisco Queiroz, has started an official seven-day visit to China, Angolan newspaper Jornal de Angola reported.

2015-12-11

Portugal’s central bank reduces 2-year estimates on economic growth

Portugal’s economy will grow by smaller amounts in the next two years than forecast, due to weaker than expected exports, the nation’s central bank said on Wednesday.

2015-12-10

China to cut import tariffs from Jan 1

China would reduce import tariffs on some consumer goods and advanced equipment with effect from January 1, in a bid to boost trade, Chinese state-run news agency Xinhua reported.

2015-12-10

Cape Verde economy to grow as much as 3.5 pct in 2016: central bank

Cape Verde’s gross domestic product is expected to grow by between 2.5 percent and 3.5 percent next year, said the central bank, the Bank of Cape Verde, in its latest Monetary Policy Report.

2015-12-09

China’s trade decline narrows in November

China’s external trade continued to fall in November, but the level of decline was smaller than in the previous month, data from the Chinese General Administration of Customs showed on Tuesday.

2015-12-09

China’s GDP to grow 6.5 pct in 2016: think tank

China’s economy is likely to grow by 6.5 percent in 2016 – a slower pace than previous years – said the State Information Center of China, an official think tank in the country.

2015-12-09

Mozambican airport among largest China-aided African projects

Maputo International Airport, serving Mozambique’s capital, and a multi-use stadium in that country are among the largest African development projects to have received Chinese aid, said Chinese official newspaper People’s Daily last week.

2015-12-07

Chinese creative industry firm meets Cape Verde President

Representatives of an audiovisual company from China met on Saturday with Cape Verde’s President Jorge Carlos Fonseca to discuss investment opportunities in the African nation, Portuguese newspaper A Bola reported.