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China
19 July 2022
Appeal Court in Portugal upholds Haitong fine
The Lisbon Court of Appeal confirmed a fine of EUR 400,000 for Haitong Bank, formerly Banco Espírito Santo International (BESI), in connection with the sale of ESI and Rioforte commercial paper in Espirito Santo banks in Portugal.
19 July 2022
Capital Airlines to connect Portugal and China through Hangzhou
China´s Capital Airlines will start connecting Portugal and China through the city of Hangzhou, the capital of Zhejiang province.
15 July 2022
Brazil could start exporting corn to China by end-2022
Brazil could start exporting corn to China before the end of the year, according to the Brazilian Association of Corn Producers (Abramilho).
15 July 2022
Portugal´s Madeira region and China seek to boost future investments
The Autonomous Region of Madeira (RAAM), in Portugal, is seeking to boost future investments and trade with China, and a business mission is being set for next year.
14 July 2022
No divestment in Portugal foreseen, Fosun chairman says
Fosun chairman Guo Guangchang says “no divestment is foreseen in Portugal”, where the company owns multiple assets, including in banking and insurance.
13 July 2022
Mozambique and other African countries looking to China to develop infrastructure
Mozambique and other African countries would like to see more cooperation with China to help them develop transport and boost the economy, officials and scholars said.
12 July 2022
African governments owe three times more debt to private lenders than China
African governments owe three times more debt to Western banks, asset managers and oil traders than to China, and are charged double the interest, according to research by Debt Justice.
12 July 2022
Chinese audiovisual brand launched in Brazil
The Chinese audiovisual brand "China Zone," which aims at promoting Chinese audiovisual content abroad, has been launched in Brazil.
11 July 2022
Mota-Engil wins Lobito Corridor concession in Angola
Portuguese infrastructure group Mota-Engil, partly owned by China’s CCCC, has been awarded the concession of the Lobito Corridor in Angola, a strategic project for the African country´s authorities.
08 July 2022
EDP wins 15-year contract to sell offshore wind energy in UK
Ocean Winds, a joint venture between Portugal’s EDP Renováveis and Engie, has won a contract in the UK to sell energy from part of the capacity of the Moray West offshore wind farm.
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