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China
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.
28 July 2022
EDP to sell USD 500 million hydroelectric project in Peru to China Three Gorges
EDP is set to sell its 50% stake in the San Gaban III hydroelectric project, in Peru, to its largest shareholder China Three Gorges (CTG).
27 July 2022
Cabo Verde working with Macau Industrial Park to implement traditional Chinese medicine
Cabo Verde is working with Macau Industrial Park to implement traditional Chinese medicine in the country, as an alternative to conventional medicine, according to the country´s Minister of Health, Arlindo do Rosário.
27 July 2022
China to allow peanut imports from Brazil
China will allow peanut imports from Brazil that meet inspection and quarantine requirements, the country's General Administration of Customs said.
27 July 2022
Brazilian exports to China fell by 11.5% in the first half of 2022, Business Council says
Brazil´s exports to China in the first half of the year, compared to the same period in 2021, were flat in terms of revenue and fell by 11.5% in volume, according to the Brazil-China Business Council (CEBC).
26 July 2022
Chinese fashion retailer Shein´s earnings in Brazil reach USD 364 million
Chinese fashion retailer Shein´s earnings in Brazil have reached BRL 2 billion (USD 364 million), according to analysts from local bank BTG Pactual.
26 July 2022
State Grid joins UN´s Global Compact Network Brazil
State Grid Brazil Holding has joined the Global Compact Network Brazil, a voluntary initiative of the United Nations to engage the private sector and business practices in the areas of human rights, labor, environment and anti-corruption.
25 July 2022
Angola to earn USD 2 billion from Lobito corridor concession to Mota-Engil
The Angolan state will earn over USD 2 billion with the concession of Lobito corridor to Portuguese infrastructure group Mota-Engil, partly owned by China’s CCCC.
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