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. 

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.

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.

Seventeen years after the creation of Macao Forum by the Ministry of Commerce of China (MOFCOM), a new assessment by the Chinese Academy of Social Sciences is a good opportunity to chart a better path forward, helping the Forum achieve its potential as an effective business hub. With Portuguese-Speaking Countries facing pandemic-fueled economic crisis, and China leading the global recovery, the Forum is perhaps more necessary today than its has ever been in the past.

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.

The 25th Macao International Trade and Investment Fair (MIF), Macao Franchise Expo 2020 (MFE) and 2020 Portuguese Speaking Countries Products and Services Exhibition (Macao) (PLPEX), which are running concurrently, started on Thursday, and 52 contracts were signed on the first day, the Macao Trade and Investment Promotion Institute (IPIM) said in a statement on Thursday.

Portugal is teaming with China International Electronic Commerce Center (CIECC) to attract Chinese Investment in Life Sciences, Automotive Industries and Tourism, according to the country´s trade board, AICEP.

The fast recovery of the China´s economy from the Covid-19 pandemic is allowing for a boost of European Union countries´ exports to Asia´s largest economy, IHS Markit reports.

New Chinese Communist Party goals of closer alignment between the State and private business are a cause of concern for the European Chamber of Commerce in China, that fears repercussions for foreign investors.

Brazil is joining the United States and Japan in a call on the other 161 members of the World Trade Organization to ensure the principle of market economy in the multilateral organization, in what is seen as a swipe at China.