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Portugal
20 February 2023

Portugal to scrap ‘golden visas’ for wealthy
Portugal has scraped its “golden visa” program for wealthy non-Europeans, that helped pull in foreign investment, mostly from Chinese nationals.
Brazil
16 February 2023

Brazilian President to seek investment in visit to China
Brazilian President Luiz Inácio Lula da Silva will seek investment in numerous sectors on his March visit to China, Brazil's main trading partner and one of the country's largest investors.
China
15 February 2023

Portugal becomes first EU country to purchase made-in-China metro train
The first of the 18-set metro trains made by Chinese company CRRC Tangshan was delivered to the Porto Metro company of Portugal.
Brazil
13 February 2023

Former Brazilian president Dilma Rousseff to lead BRICS bank
The Lula government agreed with its partners in the BRICS group (Brazil, Russia, India, China and South Africa) to nominate former president Dilma Rousseff to head the New Development Bank (NBD).
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.
Mozambique
08 February 2023

Legal Update/Mozambique: Corporate Income Tax Code creates new reduced rates
Mozambique has amended its Corporate Income Tax Code, creating new reduced rates for certain businesses, according to official legal database Legis-PALOP+TL.
Timor-Leste
07 February 2023

Timor-Leste represented for the first time at an ASEAN Coordination Council meeting
Timor-Leste was represented for the first time at an Association of Southeast Asian Nations (ASEAN) Coordination Council meeting, as an observer, while it is working to join the organization soon. 
Angola
07 February 2023

Angola, DRC and Zambia move towards jointly managing key trade corridor
Angola, Zambia and Democratic Republic of Congo (DRC) have agreed to establish a new agency that will oversee the development and joint management of a trade corridor to and from the Atlantic Ocean port of Lobito, recently concessioned to Portuguese infrastructure group Mota-Engil, partly owned by China’s CCCC.
China
03 February 2023

Ho family´s Estoril-Sol ensures concession of casinos in Portugal for 15 years
Estoril-Sol, controlled by the family of late gaming mogul Stanley Ho, has ensured a 15-year extension of the concession for the Estoril gaming area in Portugal, which includes Casino de Lisboa and Casino do Estoril.
Mozambique
02 February 2023

Legal Update/Mozambique: Legal Regime for Foreign Citizens
Mozambique has reviewed the Legal Regime for Foreign Citizens, including special rules for visas connected to investment activity according to official legal database Legis-PALOP+TL.
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