Economic and Business Information

2015-12-17

China economic growth 6.8 pct for 2016: central bank

China’s economic growth will slow to 6.8 percent year-on-year in 2016 compared to this year’s likely 6.9 percent expansion, the People’s Bank of China said in a research report published on Wednesday

2015-12-17

Angola, China to strengthen legislative, mining co-operation

Angola and China are to enhance bilateral ties on legislative and political issues, and boost private sector co-operation regarding geology and mining, Angolan news agency Angop reported.

2015-12-16

China overseas investment up 16 pct in first 11 months of 2015

China’s outbound direct investment (ODI) in non-financial fields reached US$104 billion in the first 11 months of this year, up by 16 percent from the same period in the previous year, the Chinese Ministry of Commerce said on Tuesday.

2015-12-16

Macao’s trade institute to have Brazil office, Portugal office

The Macao Trade and Investment Promotion Institute (IPIM) will set up a representative office in Lisbon, Portugal and one in São Paulo, Brazil in the second or third quarter of 2016, local newspaper Macao Daily News reported on Tuesday.

2015-12-16

Angola, China to enhance mining sector co-operation

Angola is aiming to strengthen co-operation with China in the mining sector, the Angolan press reported this week.

2015-12-15

China’s economy shows early signs of recovery: statistics bureau

The Chinese economy is showing initial signs of recovery in the wake of a series of government support measures, the National Bureau of Statistics of China said last week.

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.