Brazil’s annual inflation slowed in October but remained above the official target range, according to official data. Consumer prices, as measured by the IPCA index, rose 6.59 percent in the 12 months through October, easing from 6.75 percent in September, government data showed.

China’s investment abroad in the next 10 years is expected to reach US$1.25 trillion, President Xi Jinping said on Sunday, official Chinese news agency Xinhua reports. Mr Xi made the remarks while addressing the CEO Summit of the ongoing Asia-Pacific Economic Cooperation (APEC) meeting in Beijing.

Portugal’s minister for Agriculture and the Sea, Assunção Cristas, has arrived in Macao, the first stop in her trip to China, Lusa news agency reports.

China’s State Council pledges it will streamline the approval process for investment, as well as ensuring more protection for the intellectual property rights of foreign enterprises.

The Bank for Investment and Development of the Economic Community of West African States may fund private sector projects in Guinea-Bissau starting at US$1 million, Portuguese news agency Lusa reports, citing a bank official.

China has announced new measures to boost imports including high-tech equipment and consumer goods in a bid to improve the structure of the country’s economy.

The Chinese government will make a donation of US$25 million to Cape Verde under an annual agreement on economic and technical cooperation. The agreement is aimed at developing such projects in the African country.

The Angola government has sent the draft law on the state budget for 2015 to the National Assembly, according to news agency Angop.

The Mozambique government and Chinese companies Anhui Foreign Economic Construction (Group) Co Ltd and Yunnan Xinli Non-Ferrous Metals Co Ltd signed a contract for exploration of heavy mineral sands in Chibuto in the southern region of the country reports a local media outlet.

The “Doing Business 2015” report recognised East Timor as the economy that most improved in facilitating business start-ups. The report, by the World Bank Group, compares business regulations for domestic firms in 189 economies. East Timor was ranked 96th in ‘starting a business’ in the report released in late October, up from 169th in the previous year. Overall, the country climbed two positions to 172nd.

State-owned China National Offshore Oil Corp (CNOOC) is among the companies that have signed deals to import liquefied natural gas (LNG) from Mozambique, Reuters news agency reports. The agreements that have been signed so far – yet to be officially announced – offer flexible contract terms on 20-year deals, according to the media outlet.

China will revise rules for foreign investment, aiming to loosen restrictions in more sectors for businesses or investors based abroad, reports Xinhua, the official Chinese news agency.