Economic and Business Information

2016-08-29

Brazil legislators approve measure for new Sino-Brazilian satellite

Brazil’s Senate last week approved a legal measure to enable China and Brazil to develop a satellite, Agência Senado reported.

2016-08-29

China eyes agri-investment in Angola’s Cabinda Province

China is looking to invest in agriculture in Angola’s Cabinda Province, newspaper Jornal de Angola reported. A political adviser of the Chinese Embassy in Angola, Li Chong, made the remarks on Saturday. He was speaking to the press after a meeting with Cabinda’s Governor, Aldina da Lomba.

2016-08-29

Brazil hosting investor seminar in China prior to G20 next week

Brazil is to host a seminar in Shanghai for Chinese investors, reported Chinese state-run news agency Xinhua.

2016-08-26

China, Brazil to sign trade co-operation deal

China and Brazil are due to sign an agreement next month to expand their trade and services co-operation, said on Wednesday the Brazilian Minister of Development, Industry and Trade, Marcos Pereira.

2016-08-26

Angola ranks as China’s largest oil supplier in July

Angola overtook Saudi Arabia and Russia in July to become China’s largest oil supplier for the first time this year, show data from China’s General Administration of Customs.

2016-08-26

China encourages public private partnerships to boost economy

The Chinese Government will push ahead with a series of national projects and encourage public private partnerships, reported Chinese state-run news agency Xinhua.

2016-08-25

Brazil consumer confidence highest since Jan 2015

Consumer confidence in Brazil reached an 18-month high in August, said on Wednesday the higher education institution Fundação Getulio Vargas (FGV).

2016-08-25

Yuan clearing service launched in Mozambique

Companies from Mozambique can start paying their Chinese suppliers in yuan via banks in China, following the launch of a new offshore yuan clearing service, online news portal Macauhub reported.

2016-08-25

China Three Gorges helping Portuguese students study in China

The China Three Gorges (CTG) company will on Monday issue seven scholarships; for some Portuguese students that wish to join postgraduate programmes in China. The firm gave the news in a statement as quoted by Portuguese newspaper Económico.

2016-08-24

Huila Province tourism to diversify Angola’s economy

The tourism industry of southern Huila province could support the diversification of the Angolan economy, said the head of the local Hotel and Tourism Department, João Silvestre Figueiredo.

2016-08-24

Chinese investors talk to Brazil’s Vale on stake in iron ore output: report

A consortium led by China Investment Corp is negotiating a potential acquisition of a portion of Brazilian mining company Vale SA’s future iron ore output, Chinese state-run newspaper China Daily reported last week.

2016-08-24

Macao supporting 13 students due to study in Portugal

Macao’s Education and Youth Affairs Bureau will provide scholarships to 13 local students so that they can study at the Universidade Católica Portuguesa in the Portuguese capital, Lisbon.