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Portugal
05 September 2023
Huawei Fights in Portuguese Courts Ruling that Pushes it Out of 5G
Huawei Portugal has taken legal action against the Security Assessment Committee's deliberation labeling it as a "high risk" supplier on 5G equipment.
29 August 2023
China Makes Top-5 Largest Investors in Portugal
China, in the second quarter of 2023, was the origin of 6.8% of Portugal’s foreign direct investment (FDI), slotting in as the 5th largest investor in the country, according to the Bank of Portugal.
21 August 2023
Mota-Engil Among Companies Repairing Mozambique´s Main Road
Portugal´s Mota-Engil, co-owned by China´s CCCC, is among three companies carrying out emergency repairs to Mozambique´s National Road 1 (N1), the African country´s main axis.
19 August 2023
China´s CALB Sees ‘Opportunity’ for Battery Factory in Portugal With Xpeng-Volkswagen Deal
The new partnership between car manufacturers Xpeng and Volkswagen is seen by China Aviation Lithium Battery Technology (CALB) as “an opportunity” for its planned lithium battery factory in Portugal.
14 August 2023
China Lifts Pandemic-Era Restrictions on Group Tours for 4 More Lusophone Countries
China has lifted pandemic-era restrictions on group tours for more countries, including four more lusophone destinations.
08 August 2023
Portuguese-Speaking Countries Business Confederation Names China Representative
The Portuguese Speaking Countries Community Business Confederation (CE-CPLP) named renowned businessman Wu Zhiwei as its first special representative to China, establishing a permanent office in Macau.
03 August 2023
China´s XCMG and Portugal´s Martifer Partner in New Energy Equipment
XCMG Machinery has signed a cooperation deal with Martifer, leader in construction and in the new energy sectors in Portugal, aimed at expanding new energy equipment in the Portuguese market.
20 July 2023
Kinlong Hardware Products Relocating Operations in Portugal to Industrial Hub
China's Kinlong Hardware Products is relocating all of the operations of its Portuguese subsidiary Cifial to a single industrial hub, where it is investing in new equipment, process efficiency and new products.
17 July 2023
EDP Increases Stake in EDP Brasil to 88% With EUR 821 Million Investment
EDP, whose biggest shareholder is China Three Gorges, increased its stake in EDP Brasil from 56% to almost 88%, following a takeover bid (OPA) aiming to delist the Brazilian subsiditary from the stock market.
13 July 2023
Portugal’s Mota-Engil Signs EUR 840 million Nigeria Rail Contract
Portugal's largest builder Mota-Engil, partly owned by China´s CCCC, has signed an EUR 840 million contract to supply and finance railway rolling stock in Nigeria, strengthening its order book in Africa.
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