China

01 April 2022

Ncondezi Energy and China´s CMEC looking for “solution” for Mozambique coal project

Ncondezi Energy and China´s China Machinery Engineering Corporation (CMEC) are looking for a "solution" for their Mozambique venture, while trying to clarify the Chinese government´s position on financing for coal projects abroad.

31 March 2022

China was largest non-european investor in Portugal in 2021

China was the fifth largest investor in Portugal in 2021, and the largest non-european one, using various investment platforms, such as Luxembourg and Hong Kong, according to official data.

30 March 2022

Foreigners invested EUR 7.3 billion in housing in Portugal between 2019-2021

Almost 25,000 homes were sold in Portugal to foreigners between 2019 and 2021, totaling EUR 7.3 billion, according to official data.

According to data from the National Institute of Statistics (INE), the Algarve (pictured above) was the region most sought after by buyers with tax domicile outside

30 March 2022

Chinese covid concerns lead to suspension of Brazilian meat export licenses

Greater Chinese covid concerns are leading to the suspension of Brazilian meat export licenses, according to industry experts.

30 March 2022

“Rapid increases” in cultivated areas in Angola and Mozambique

Angola and Mozambique are part of a set of African countries with "rapid increases" in cultivated areas, a trend partially driven by Chinese investment.

29 March 2022

Sinopec, CNOOC, CNPC and Petro China International bid for Mozambique oil and gas

Sinopec, CNOOC, CNPC and Petro China International have presented bids in Mozambique´s new tender for oil and gas production areas.

28 March 2022

Macao banks prepare alliance with Portuguese-speaking banks

The Macau Association of Banks (ABM) wants to create an alliance with Portuguese-speaking banks to "improve Macao's links with China and Portuguese-speaking countries".

28 March 2022

JD.com launches new cargo charter services from China to Brazil and Europe

Chinese e-commerce giant JD.com has scheduled new cargo charter services from China to Brazil and Germany which will be operated by Angola Airlines and Capital Airlines.

28 March 2022

Huawei and Angolan Government launch “Angola National ICT Star” program

Huawei and Angola's Ministry of Higher Education, Science, Technology and Innovation (MESCTI) launched the "Angola National ICT Star" program, offering scholarship recipients the opportunity to study and research in the field.

28 March 2022

REN profit drops 11.1% in 2021 due to lower EBITDA and higher taxes

REN – Redes Energéticas Nacionais’, whose biggest shareholder is China State Grid, saw profits fall 11.1% in 2021 compared to the previous year, to EUR 97.2 million.