14 February 2019
The government of Portugal has announced that it will proceed with plans for a space port on the island of Santa Maria in the Azores. Named the Atlantic International Satellite Launch Programme (AISLP), it will be used to launch small satellites into space, as Lisbon attempts to make use of its geographical advantages to host the project. A separate space sector cooperation agreement between China and Portugal could encourage Chinese companies to make use of the new facility.
11 December 2018
Even before Portugal decided to take part in China´s Belt and Road strategy, with the signing of a joint statement at the end of Chinese president Xi Jinping´s visit to Portugal last week, the Portuguese government was already in full steam promoting what should be the key Portuguese infrastructure for the strategy - Sines port, in the south of the country.
04 December 2018
As Chinese President Xi Jinping lands in Lisbon for a two-day visit, Portuguese authorities will be extending the warmest of welcomes, even as the ever closer business ties between both countries begin to put a strain between Portugal and the European Union.
28 November 2018
Chinese company Sinopec could take a stake in Portuguese oil company Galp Energia and is one of two major international oil firms interested, according to the weekly Jornal Economico. Angolan oil company Sonangol is considering a sale of its stake in Galp Energia, and Sinopec is reported to be among the strongest suitors for the acquisition.
08 November 2018