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19 December 2023

Portugal Pressured not to Use Chinese Technology in Lisbon Port
The Portuguese government is under pressure from the United States for considering buying scanning equipment for the Port of Lisbon from China’s ‘partially State owned’ security company Nuctech.

Portuguese ‘Unicorn’ Farfetch Bought by South Korea´s Coupang
Portuguese 'Unicorn' Farfetch, a partner of Alibaba, has been bought by South Korean e-commerce giant Coupang in a deal that will provide the online luxury giant with USD 500 million in emergency funding.

C

18 December 2023

China’s State Grid Wins Largest Ever Auction in Brazil
China's State Grid won the largest electricity transmission lot ever auctioned in Brazil, involving a complex project that will require investments of around BRL 18 billion (USD 3.6 billion).

Chinese-built Infrastructure in Angola is “Source of Pride for the Country”
China and Angola have seen "many positive and qualitative leaps" in their 40 years of diplomatic ties, and Chinese-built infrastructure is today is "a source of pride" for the African country, said the Angolan Minister of Foreign Affairs.

China Ensures Support of Health Sector in São Tomé e Príncipe Until 2029
China has ensured support of the Health Sector in São Tomé e Príncipe for the next 6 years, with medical teams on the ground.

M

14 December 2023

Mozambique Airlines to Launch China Flight in 2024
Mozambique Airlines (LAM) plans to add new flights to to Brazil, China and India in 2024, after launching a new Maputo-Lisbon and Maputo-Cape Town connections. 

C

14 December 2023

China’s Top Legislator Calls for Stronger Exchanges With Mozambique
China's top legislator Zhao Leji met with Helder Ernesto Injojo, vice president of the assembly of the Republic of Mozambique, calling for enhanced exchanges between the legislative bodies of the two countries.

China´s CITIC Dicastal to Invest EUR 180 million in Factory in Portugal
Chinese group CITIC Dicastal is preparing the construction of a factory of automotive components in Águeda, north of Portugal, in a EUR 180 million investment.

B

12 December 2023

Brazil to Reach USD 50 Billion Trade Surplus With China in 2023
Brazil is to reach a trade surplus with China this year above USD 50 billion, almost double the value in 2022, as its exports grow and imports from the Asian country drop.

E

11 December 2023

EDP to Finance Clean Energy Projects in Mozambique and Other African Countries
EDP announced the allocation of a one million euros financing to 10 clean energy access projects in 5 African countries, including Mozambique, within the scope of the 'Access to Energy' fund.
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