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06 October 2023

China, Brazil Trade in Local Currencies for First Time
China and Brazil completed a commercial deal in their local currencies for the first time, with transactions financed and settled in renminbi (RMB) and converted directly into Brazilian reals, according to the Bank of China Brazil SA.

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06 October 2023

Portuguese-Chinese Chamber of Commerce and Industry Condemns Exclusion of China’s Huawei From Portugal’s 5G
The Portuguese-Chinese Chamber of Commerce and Industry (CCILC) condemned the exclusion of China's Huawei from Portugal's 5G market as "unreasonable" and potentially damaging the long-standing friendship between Portugal and China.

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29 September 2023

Angola in Top-6 African Countries for Chinese Investment
Twelve African countries, including Angola, featured on the Economist Intelligence Unit´s (EIU) list of the 80 most attractive investment destinations for Chinese companies over the next decade.

Angola-China Mutual Investment Protection Agreement Ready for Signature
Angola and China are preparing to sign a Mutual Investment Protection Agreement, the Angolan State Minister for Economic Coordination revealed.

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26 September 2023

Chinese EV Company U Power to Build Charging and Battery Replacement Stations in Portugal
Chinese company U Power Limited will build charging and battery replacement stations for electric vehicles (EV) in Portugal in partnership with Portuguese fund manager Magnify Capital Partners.

China To Deepen Practical Cooperation With Brazil in All Areas
China is ready to work with Brazil to deepen practical cooperation in all areas and cement coordination within multilateral mechanisms such as the BRICS and the G20, senior Chinese Communist Party (CCP) official Li Xi said.

China and Timor-Leste Elevate Bilateral Relations to Comprehensive Strategic Partnership
Chinese President Xi Jinping and Timor-Leste Prime Minister Xanana Gusmão jointly announced on Saturday the elevation of bilateral relations to a comprehensive strategic partnership.

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21 September 2023

Timorese Government Approves Agreements with China
The Timorese Government approved two memorandums of understanding with China, one of which to strengthen the “economic and social development of both countries”, in sectors such as trade, investment and tourism.

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20 September 2023

Chinese Automaker Great Wall Says Angola a ‘Key Market’
Angolan Ambassador to China, João Salvador dos Santos Neto, visited Great Wall Motor (GWM) and invited the automaker to "invest and build a factory" in the African country.

China Fuels Record Brazilian Agricultural Exports
Official data released by the Brazilian Ministry of Agriculture and Livestock shows that the country’s agricultural exports reached a record USD 15.63 billion in August.
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