2015-06-29
China and Brazil are to launch a US$20-billion fund to enhance their co-operation in economic productivity and as part of the strengthening of bilateral relations, Chinese official news agency Xinhua reported.
2015-06-26
China’s State Council proposed this week to remove a legally binding rule that caps lending by commercial banks at 75 percent of their deposits. The move is expected to boost the supply of domestic credit and thereby stimulate economic growth, which has slowed recently.
2015-06-26
China is planning to build an electric vehicles production centre in Brazil. The move comes after a Chinese official delegation visited a technology park in São José dos Campos, in the Brazilian state of São Paulo, last week.
2015-06-26
Portuguese lender Banco Nacional Ultramarino (BNU), based in Macau, and the Bank of China Macau Branch have signed a co-operation protocol aiming at promoting business between companies in China and those in Portuguese Speaking Countries.
2015-06-25
Brazil’s central bank cut its economic growth outlook and raised the inflation forecast for this year, as the outlook for South America’s largest economy worsened in the past three months, The Wall Street Journal reported.
2015-06-25
Despite a year-on-year drop during 2015 in its oil sales to China, Angola climbed two spots from April to become that country’s second largest oil supplier during May, news agency Bloomberg reported.
2015-06-25
China became the world’s largest recipient of foreign direct investment (FDI) in 2014. According to Chinese state-run newspaper China Daily, it was the first time China has ranked above the United States for FDI.
2015-06-24
Chinese conglomerate Fosun has chosen Portugal “as the best country in Europe to invest in”. So said the private firm’s Vice-President and CEO Liang Xinjun in comments at a meeting in Shanghai.
2015-06-24
China signed a memorandum of understanding with Brazil last week, to boost bilateral co-operation in science and technology, Chinese state-run news agency Xinhua reported.
2015-06-23
Angola did not ask China for a two-year moratorium on debt repayments, the Angolan Ministry of Finance has said. The statement denied a report by Angolan news agency Angop that Angolan President José Eduardo dos Santos had presented such request during his State visit to China.
2015-06-23
China and Mozambique have signed a new three-year general co-operation agreement. It includes partnerships in economic, technical and commercial matters.
2015-06-23
Chinese Vice Premier Wang Yang will visit Brazil from June 26 to 27 and jointly chair a bilateral meeting of senior officials, said the Chinese Ministry of Foreign Affairs.
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