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China
18 January 2021
Brazil Trade Surplus With China Tops USD 33 billion
China contributed USD 33.6 billion to the Brazilian trade surplus last year, which totalled USD 50.9 billion, according to the Foreign Trade Bulletin (Icomex) released by the Brazilian Institute of Economics of Getulio Vargas Foundation (FVG/ Ibre).
15 January 2021
Analysis: Comprehensive Agreement on Investment Encourages EU Companies to Invest in China*
EU companies need equal access to the Chinese market with Chinese companies and the European economy needs the capital increase that Chinese investment can provide.
15 January 2021
China Three Gorges to Sell EDP Portugal Shares Worth EUR 500 million
China Three Gorges (CTG) will sell shares representing up to 2.52% of the capital of Portugal's main utility, EDP, worth more than EUR 500 million.
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.
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