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20 July 2021

EU Plans Connectivity Initiative in Response to China´s BRI
The EU Foreign Affairs Council (FAC) has called for solidifying and branding a global European connectivity initiative – in part as a response to China’s Belt and Road Initiative (BRI).

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20 July 2021

Angola´s Lower Congo and Kwanza Oil and Gas Onshore Blocks Attract Bids
All of the nine oil and gas onshore blocks tendered in Angola´s Lower Congo and Kwanza basins received bids from a variety of operators, according to the country´s National Oil, Gas and Biofuel's Agency (ANPG).

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20 July 2021

New China Tax Rules for Foreigners to ‘Significantly Raise HR Costs for Companies’
The cancellation of non-taxable allowances for companies that employ foreign employees is expected to significantly raise human resource costs for companies, according to the European Chamber of Commerce in China (ECCC).

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20 July 2021

China State Grid Brazilian Subsidiary Wins USD 525 million Privatisation
CPFL Energia, a subsidiary of China State Grid, has won the privatization of CEEE-T, the electric power transmission company of Rio Grande do Sul State, for 2,670 million reais (525 million dollars).

China-backed Asian Infrastructure Investment Bank OKs First Sub-Saharan Africa Project
The China-backed Asian Infrastructure Investment Bank (AIIB) has approved its first project in sub-Saharan Africa.

China to Hand Over New Cabo Verde University Campus
China will hand over soon the new university campus of Cabo Verde´s main university (Uni-CV), where the African country expects to create a new regional science hub.

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19 July 2021

Grupo Box Brazil and China Media Group Strengthen Content-Sharing
Brazil´s largest independent pay-TV service, Grupo Box Brazil, has signed an international content sharing agreement with China Media Group (CMG).

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19 July 2021

EDP Renewables Partners With Amazon Web Services
EDP Renováveis (EDPR), whose parent company EDP Portugal has China Three Gorges as itslargest shareholder, has entered into a strategic collaboration agreement with Amazon Web Services (AWS).

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15 July 2021

Chinese Companies Bringing Toshiba Back to Brazil
Chinese electronics conglomerate Midea Carrier is bringing back to Brazil Toshiba's home appliances line, after Hisense started selling Toshiba brand TVs in the South American market. 

China Three Gorges to Sell 25% of Overseas Asset Portfolio
China Three Gorges (CTG), the largest shareholder of EDP Portugal, is reportedly negotiating the sale of a 25% stake of its overseas asset portfolio.
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