Economic and Business Information

2015-04-16

Portugal joins Brazil as founding member of China-led AIIB

Portugal as well as Brazil is on the final list of founding members of China-led Asian Infrastructure Investment Bank (AIIB), the Chinese Ministry of Finance confirmed.

2015-04-15

Angola investing US$5bln in water-related projects

Angola aims to have spent 542 billion kwanza (US$4.97 billion) on water supply and conservation projects by the end of the 2013 to 2017 period, said Luís Felipe da Silva, the country’s State Secretary for Water.

2015-04-15

China sends Tibetan delegation to Brazil

The Chinese government has sent a Tibetan delegation to Brazil to promote understanding of the region in the South American country, China’s state-run news agency Xinhua reported.

2015-04-15

China firm builds more than 1,500 km of Angolan highways

Chinese state-owned China Road and Bridge Corp (CRBC) has built or renovated more than 1,500 kilometres of highways in Angola since 2006, state-run news agency Xinhua reported.

2015-04-14

Brazil needs more investment in Angola: Ambassador

Brazil’s new Ambassador to Angola, Norton de Andrade Mello Rapesta, has called for his country to increase investment in Angola, the Angolan news agency Angop reported.

2015-04-14

Portugal fifth largest European wine exporter to China

Portugal is Europe’s fifth largest exporter of wines to the China market, according to the Portuguese trade body ViniPortugal.

2015-04-14

Brazil founder member of China-led Asia Infrastructure Investment Bank

Brazil officially became a founding member of China-led Asia Infrastructure Investment Bank (AAIB), the Chinese Ministry of Finance said in a statement on Sunday.

2015-04-13

Portugal a major European destination for Chinese investment: Ambassador

Portugal has become one of the major destinations for Chinese investment in Europe, the Portuguese Ambassador to China, Jorge Torres-Pereira, said last week.

2015-04-13

China, Angola effect visa exemption for diplomatic, service passport holders

The mutual visa exemption for holders of diplomatic and service passports between China and Angola formally came into force on April 11, Portuguese news agency Lusa reported.

2015-04-13

China’s new Ambassador to Cape Verde pledges stronger bilateral ties

China’s new Ambassador to Cape Verde, Du Xiaocong, has promised to work on strengthening the ties between the two countries, Chinese state-run news agency Xinhua reported.

2015-04-10

Brazil to set up US$6.5-billion renewable energy fund

The Government of Brazil is setting up a US$6.5-billion investment fund to boost solar and wind generation in the country’s northeastern region, Bloomberg reported.

2015-04-10

Portuguese parliamentary delegation to visit China

A delegation of the Portuguese Parliament, led by Sérgio Sousa Pinto, who heads the Parliament’s Foreign Affairs Committee, starts on Saturday a four-day visit to China, Portuguese news agency Lusa reported.