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08 July 2021

Timor-Leste 2021 GDP Forecast Raised to 4% by EIU
Timor-Leste's GDP growth forecast for 2021 has been raised by the Economist Intelligence Unit (EIU), to 4%, from 2.5% previously, owing to the performance of the oil sector.  

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08 July 2021

China Three Gorges Brasil Invests USD 573 million in Hydro Plants Upgrade
China Three Gorges Brasil (CTG Brasil) is investing USD 573 million in upgrading its hydroelectric power plants of Ilha Solteira and Jupiá, in São Paulo and Mato Grosso do Sul states.

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06 July 2021

Brazil’s Largest Crypto Exchange Gets USD 200 million Investment From Japan’s SoftBank
Japan's SoftBank Group Corp has invested USD 200 million in Mercado Bitcoin, one of the largest cryptocurrency exchanges in Latin America.

Brazil and China Keen to ‘Fully Explore Synergies’ Between Belt and Road and Brazil’s Investment Program
Brazil and China are keen to 'fully explore the synergies' between China's Belt and Road Initiative and Brazil's Investment Partnerships Program, according to Paulo Estivallet de Mesquita, Brazil's Ambassador to China.

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05 July 2021

Huawei Partners With African Telecommunications Union
The African Telecommunications Union (ATU) recently signed a Memorandum of Understanding (MoU) with Huawei which will enable African countries and organizations to build capacities for the transformation of ICT.

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05 July 2021

EDP and Chinese Shanghai Shemar Power Win Brazil Electricity Bids
The subsidiaries of the Chinese Shanghai Shemar Power and EDP Energias will build and operate new electricity transmission lines in Brazil.

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05 July 2021

Container Rates on Asia-Europe Routes Reach Record Highs
The spot price of containers continues to rise, with the shortage of ships is due to the majority of capacity being used on the popular trans-Pacific and Asia-Europe trade routes.

CCCC Executives in Mota-Engil Board Named
Mota-Engil shareholders approved a new Board of Directors and Executive Committee, shared between the Mota family and the building company´s new shareholder, China´s CCCC group.

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02 July 2021

EDP Renováveis Expands to Vietnam
EDP Renewables (EDPR) , whose parent company EDP Energias de Portugal has as main shareholder China Three Gorges (CTG), is expanding to Vietnam.

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02 July 2021

Broadband Capacity in Portugal Boosted by New Intercontinental Cables
Broadband capacity in Portugal and Spain grew by 25% over the past five years, and is set to grow further with new intercontinental cables, according to a new study.
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