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China
13 February 2023
China’s central bank sets up yuan clearing arrangements in Brazil
China's central bank has signed a memorandum of understanding on setting up yuan clearing arrangements in Brazil, in a move to help boost the currency's global clout.
10 February 2023
New European battery plant for EVs lead Belt and Road investment to highest level since 2019
China’s investment in the countries along the Belt and Road rose to the highest since 2019, with much of that increase due to a new battery plant for electric vehicles, according to a report from Fudan University in Shanghai.
19 January 2023
Brazilian fintech backed by China’s Tencent gets USD 150 million loan to expand in Latin America
Nubank, the Brazilian fintech backed by China’s Tencent Holdings, secured a loan of up to USD 150 million from the International Finance Corp, the private lending arm of the World Bank, to grow its business in Latin America.
03 January 2023
Angolan President diversifying external partnerships “away from over dependence on China”
Angolan President João Lourenço is diversifying the country´s external partnerships "away from over dependence on China", which is its main creditor, according to a new report by Chatham House.
08 December 2022
Macau approves launch of second exchange for small Chinese companies
A microfinancing platform, backed by former Hong Kong stock exchange chief, has won approval to set up Macau’s second financial exchange that will allow foreign investors to invest in financing products issued by small Chinese companies.
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