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11 August 2022

BNU Macau shows first-half profit of MOP 128 million
Banco Nacional Ultramarino (BNU) in Macau recorded a profit of MOP 128.1 million in the first half of 2022, down 41.6 per cent year-on-year, according to data released today.
11 August 2022

Power China International eyes hydro projects in Angola
Power China International Group Limited is evaluating new hydro engineering works in Angola, to fight drought in the country, according to its CEO Ji Xiaoyong.
10 August 2022

Chinese heavy equipment manufacturer Sany to explore wind power industry in Brazil
Chinese heavy equipment manufacturer Sany is serving mainly Brazil’s mining segment, but is preparing to explore the renewable energy segment, specifically the wind power industry. 
08 August 2022

Exemption of customs tariffs for Angolan exports to China negotiated
Trade between China and Angola grew by 42% in 2021, year on year, reaching USD 23.35 billion, according to the Chinese ambassador in Luanda.
05 August 2022

Portugal realtors lure Chinese investors with serviced appartments and real estate funds
Realtors in Portugal are luring foreign investors, namely Chinese, to the golden visa program using serviced appartments and real estate funds to circumvent new restrictions in the main cities.
04 August 2022

China eliminates customs duties for 98% of products imported from 16 developing countries, including Mozambique
China’s Ministry of Finance has announced the elimination of customs duties for 98% of products imported from 16 developing countries, including Mozambique, from the start of September.
02 August 2022

Portuguese Ambassador to China bids farewell
José Augusto Duarte, Portuguese Ambassador to China for the past four years, is leaving his post.
02 August 2022

Profits drop 11% at EDP, rise 85% at EDP Renewables in first semester
EDP – Energias de Portugal, whose biggest shareholder is China Three Gorges, posted a net profit of EUR 306 million in the first half of 2022, a decrease of 11% compared to the same period last year.
01 August 2022

Brazilian oil sales to China and India sink
Brazil oil sales to India and China in the first half of 2022 have fallen considerably, amid a significant increase in crude exports from Russia to the two Asian countries.
01 August 2022

First train for Porto metro project rolls off production line in China 
The first subway train developed by CRRC Tangshan, one of China’s major high-speed train manufacturers, rolled off the production line last week and will be tested in the city of Tangshan, Hebei province.
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