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B

25 July 2023

Brazil and China Bolster Science and Technology Ties

Brazil and China are bolstering ties in the field of science and technology, following a Memorandum of Understanding signed in April during a visit to Beijing by the Brazilian President, Luiz Inácio Lula da Silva.

Brazilian Arm of China Three Gorges Withdraws from IPO

The Brazilian unit of power company China Three Gorges Corp withdrew from an initial public offering in the Brazilian stock exchange.

C

20 July 2023

China’s Imports of Brazilian Soybeans Surge in First Six Months of the Year

China’s imports of Brazilian soybeans grew by almost a quarter in the first half of the year, trade data shows, to exceed 43.5 million tons.

K

20 July 2023

Kinlong Hardware Products Relocating Operations in Portugal to Industrial Hub

China's Kinlong Hardware Products is relocating all of the operations of its Portuguese subsidiary Cifial to a single industrial hub, where it is investing in new equipment, process efficiency and new products.

L

19 July 2023

Luanda´s Airport Will be Largest Ever Built by a Chinese Enterprise Outside China

The new international airport in the Angolan capital of Luanda, set to start operating in a few months, will be the largest ever built by any Chinese enterprise outside China, according to Aviation Industry Corp of China (AVIC). 

B

18 July 2023

Brazilian Crude Import Boom Expected in China

Chinese oil refineries, led by heavyweight Sinopec, are set to boost Brazilian crude imports in the third quarter, according to industry sources.

E

17 July 2023

EDP Increases Stake in EDP Brasil to 88% With EUR 821 Million Investment

EDP, whose biggest shareholder is China Three Gorges, increased its stake in EDP Brasil from 56% to almost 88%, following a takeover bid (OPA) aiming to delist the Brazilian subsiditary from the stock market.

P

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.

A

12 July 2023

Angolan Exports to China Fall 46.9% in First Quarter While Imports Rise 47.5%

Angolan exports to China fell 46.9% in the first quarter, compared to the same period in 2022, while imports from the Asian giant rose 47.5%.

P

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.
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