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China
04 November 2020
Alibaba in “advanced discussions” to invest USD 300 million in online retailer Farfetch
Chinese e-commerce giant Alibaba is reportedly in “advanced discussions” to invest nearly USD 300 million in online luxury fashion retailer Farfetch, created by Portuguese entrepreneur José Neves.
04 November 2020
Brazil´s Minerva to Create JV With Chinese Group for Meat Trade in China
Minerva, the largest beef exporter in South America, signed a non-binding memorandum of understanding with the Chinese conglomerate Greenland to create a joint venture for the import and distribution of meat in the Asian country.
04 November 2020
Portugal´s EDP Eyeing Bids for Brazilian Power Utility and Distribution
EDP Brasil, owned by Portugal´s EDP group, is considering bids for the privatization of Brazilian power utility Companhia Energética de Brasília (CEB-D), which could top USD 240 million, and for an auction of distribution infrastructure.
02 November 2020
China’s Shandong province Says Covid-19 Found in Meat Imported From Brazil
Packaging on a batch of frozen pork imported from Brazil which had entered a district in Eastern China’s Shandong province has tested positive for the coronavirus, the local government said.
02 November 2020
Brazil Will “Of course” Buy Chinese COVID-19 Vaccine, Vice President Says
Brazil’s government will “of course” buy a Chinese COVID-19 vaccine that is being tested in the country, Vice President Hamilton Mourao said, contradicting previous statements by President Jair Bolsonaro.
29 October 2020
US Opposes China-Backed African Candidate for WTO Director
The U.S. has vetoed a bid by the front-runner to be the World Trade Organization’s next director-general, Ngozi Okonjo-Iweala, former Nigerian minister who is backed by China, the European Union countries and several key members of the organization.
28 October 2020
China´s Aliexpress to Profit from E-commerce Boom in Brazil
E-commerce is booming in Brazil this year and China´s Aliexpress is expecting to profit from the trend, by overcoming transport and logistics barriers, its general manager in the South American country says.
27 October 2020
China’s MingYang Smart Energy to Launch Pilot Offshore Wind Project in Brazil
China’s MingYang Smart Energy has signed a Memorandum of Understanding (MoU) with Pecém Industrial Complex (CIPP), in the Brazilian state of Ceará, to develop a pilot offshore wind project.
27 October 2020
Brazilian Meat Packing Plants to Resume Sales to China
Two Brazilian meat packing plants have been authorised to resume sales to China after receiving bans over Covid-19 concerns earlier this year, according to Brazil’s Agriculture Ministry.
23 October 2020
Former Macao Forum Secretary-General To Be China’s Ambassador to São Tomé
The former Secretary-General of the Forum for Economic and Trade Co-operation between China and Portuguese-Speaking Countries (Macao Forum), Xu Yingzhen, will be China's next ambassador to São Tomé, CL Brief has learned.
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