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Brazil
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.
Angola
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.
Brazil
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.
Portugal
18 January 2023
EDP goes ahead with EUR 1 billion debt offering
Portuguese energy group EDP, whose biggest shareholder is China Three Gorges, is going ahead with a EUR 1 billion debt offering.
Angola
12 January 2023
Angola to keep ‘significantly reducing’ public debt ratios in 2023
Angola´s public debt ratios have fallen significantly in 2021-22 and will keep falling in 2023, while the economy wil grow above 3%, according to Eaglestone Securities.
Angola
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.
China
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.
Timor-Leste
08 December 2022
Legal Update/Timor-Leste: Legal Regime for the Licensing of Economic Activities
Timor-Leste has reviewed its Legal Regime for the Licensing of Economic Activities, according to official legal database Legis-PALOP+TL.
Mozambique
25 November 2022
Legal Update/Mozambique: New Guidelines on Preventing and Combating Money Laundering
Mozambique has approved the new Guidelines on Preventing and Combating Money Laundering, Financing of Terrorism and Financing of the Proliferation of Weapons of Mass Destruction, according to official legal database Legis-PALOP+TL.
Macao
14 November 2022
BNU improves net interest income and business volume until september
Banco Nacional Ultramarino, S.A. (BNU) reported higher net interest income and business volume but lower profits for the first nine months of 2022, owing to non-recurring events.
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