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China
19 February 2020
China International Fund continues to unravel in Angola
China International Fund (CIF) was synonymous with large-scale Chinese investment in Angolan housing, roads and railways prior to Sam Pa's 2015 arrest. Under the new administration of President João Lourenço, since 2017, the CIF “empire” has unravelled.
28 January 2020
Brazilian solar attracts Chinese investors
Chinese companies like JinkoSolar and BYD are rapidly increasing their solar module manufacturing capacity in Brazil, despite the anti-environmental stance of President Jair Bolsonaro, with a range of Brazilian state organisations and regulators supporting the renewable energy boom that looks set to revolutionise power production in South America’s biggest country.
15 January 2020
São Toméan and Chinese governments leave São Tomé port project to private sector
After two years of negotiations, the project’s cost appears to have dropped, from an initial US$800 million to that figure as the high end, with sources linked to the project estimating a cost of US$500–800 million.
17 December 2019
Portugal resists US pressure to put Huawei offside
Portugal is the latest in a string of countries that the US has pushed to not partner with Chinese tech company Huawei for next-generation 5G networks. But Portugal, a NATO ally, refuses to put Huawei offside.
28 November 2019
China’s Exim Bank partners with Morocco’s Attijariwafa Bank for African expansion
A new partnership agreement between China's Exim Bank and Attijariwafa Bank from Morocco, is set to align two key financial institutions in both countries in the common goal of boosting business ties and their economic presence in Africa.
12 November 2019
Macau responds to China’s call to expand international trade
The expansion of global trade was an important theme of the 2nd International China Imports Exhibition, during which a set of agreements favouring Macau as a trading platform between Portuguese-speaking countries and China was signed.
04 November 2019
Boom time for Mozambique’s heavy sands
Four big schemes have now been developed in Mozambique, two of them by Chinese companies, and new projects are in the pipeline, but it is feared that one project contributed towards environmental damage in 2015.
15 October 2019
Chinese company boosts stake in the exploration of graphite deposits in Mozambique
Mining company Jinan Hi-Tech will help bolster China’s presence in Mozambique’s graphite extraction and processing after receiving authorisation from China’s National Development and Reform Commission to buy a 34.01% stake in Australia’s Triton Minerals.
15 October 2019
Bolsonaro seeks detente with China
Brazil’s President Jair Bolsonaro has significantly backtracked on the anti-Chinese comments he made in the run-up to his election victory.
08 October 2019
Celebration but economic fears for Timor-Leste
On 30 August, Timor-Leste celebrated the 20th anniversary of the referendum that eventually led to independence from Indonesia in 2002. Despite the national pride generated by the occasion, the country is still struggling to stabilise the economy and reduce poverty levels.
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