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China
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.
China
11 July 2023
Portugal´s Auto Sueco Becomes Official Distributor of DongFeng Trucks in Mozambique
Auto Sueco Moçambique, has become the official distributor of Chinese-made trucks DongFeng, also servicing vehicles in its vast network in the African country.
Brazil
05 July 2023
Chinese Fashion Giant Shein Will Invest in Textile Production in Brazil
Online fast fashion retailer Shein says it will invest 750 million reais (USD 148.9 million) in helping to modernise textile production in Brazil in the coming years, according to multiple media reports.
Brazil
04 July 2023
China´s BYD to Build USD 624 million Factory in Brazil, First Outside China
BYD will invest 3 billion reais (USD 624 million) in Brazil, in the northeastern state of Bahia, to build its first electric-car plant outside Asia.
Brazil
03 July 2023
Huaxin Cement Buys African Business From Brazil´s InterCement, Including Mozambique
China-based Huaxin Cement has agreed to buy the Africa-based business of Brazil´s InterCement for USD 265 million, including assets in Mozambique and South Africa.
Brazil
28 June 2023
Brazilian Optical Fibers Manufacturers Report Unfair Chinese Competition to Government
Three national manufacturers of optical fibers —Cablena, Prysmian, and Furukawa— have reported to the Brazilian government abuses of China's encouragement policy in the exporting of the input to Brazil, which reinforces suspicions of dumping.
Brazil
27 June 2023
Hebei Port Group and Brazil´s Vale to Bolster Operation at at Caofeidian and Jingtang Ports
Hebei Port Group, the third largest port operator in China, wants to strengthen ties with Brazil's Vale, the world's largest producer of iron ore and nickel, in the Chinese city of Tangshan.
China
26 June 2023
Tsingshan Industrial to Promote Green Industrial Park Project in Mozambique
Tsingshan Industrial and the Mozambican government signed a memorandum of cooperation on the country´s largest green industrial park, a port terminal, the African Grand Corridor and other projects.
Angola
19 June 2023
China´s Sinomine Enters Namibe Lithium Project in Angola
Chinese mining group Sinomine has entered the Namibe Lithium Project in Angola, according to the selling company, Tyranna Resources Limited.
Brazil
12 June 2023
Mota-Engil Signs New Contracts in Brazil, Peru and Mexico Worth EUR 750 million
Portuguese infrastructure group Mota-Engil, co-owned by China Communication and Construction Corporation (CCCC), has signed new contracts in Brazil, Peru and Mexico worth EUR 750 million.
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