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China
13 January 2021
Angola Gets USD 487.5 million from IMF and 3-Year Payment Relief From China
Angola has secured three years of payment relief from Chinese creditors, while the International Monetary Fund released an additional USD 487.5 million financing for the African country.
13 January 2021
China Auto Makers Sought in Brazil After Ford Closes Factories
Brazilian authorities in the State of Bahia (northeast) are looking for investment from Chinese car manufacturers, after Ford announced it will close its factories there.
11 January 2021
China Communications Construction Company Closes in on Mota-Engil Acquisition
Mota-Engil, the largest Portuguese construction company, formally approved the capital increase that will culminate with the entry of new shareholder China Communications Construction Company (CCCC).
11 January 2021
Brazil-China Trade Tops USD 101 Billion in 2020
Exports in Brazil's powerful agribusiness sector increased 6% last year, totaling USD 45.3 billion, thanks mainly to demand from China, the country's largest customer, that bought more than USD 67 billion in Brazilian goods.
08 January 2021
Chinese Covid-19 Vaccine 78% Effective in Brazil
Chinese vaccine maker Sinovac Biotech Ltd’s COVID-19 vaccine, CoronaVac, has shown to be 78% effective in late-stage trials in Brazil.
06 January 2021
New Chinese-built USD 330 million Cement Plant Starts up in Mozambique
The new Chinese-built cement production plant in Matutuíne district, Mozambique's Maputo province, began tests this week and will start production in February.
04 January 2021
Portugal’s Mota-Engil Wins Contract Worth USD 570 million in Ghana
Mota-Engil, the Portuguese construction company entering a strategic partnership and investment agreement with China Communications Construction Company (CCCC), has won a USD 570 million contract in Ghana.
02 January 2021
EU-China Comprehensive Agreement on Investment Ensures Greater Market Access
The European Union-China Comprehensive Agreement on Investment (CAI), agreed in principle by both sides after long negotiations, will ensure greater and better access to the Chinese market for investors, according to the European Commission (EC).
29 December 2020
10 Million Doses of Chinese Vaccine Available in Brazil This Week
Brazilian authorities announced that the Chinese-made Covid-19 vaccine CoronaVac is effective and safe, as the country received another 5.5 million doses of the immunizer from China, and another 2 million doses are expected this week.
29 December 2020
Cabo Verde Government Keen on Chinese Investment in Sao Vicente Special Economic Zone
Cabo Verde's Government is seeking Chinese investors for its Sao Vicente Special Maritime Economic Zone Project, a centerpiece of the country's effort to diversify its economy from Tourism and boosting activity post-pandemic.
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