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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).

C

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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14 July 2021

Brazil Tobacco Exports to China Grew 7-Fold Since the 1990s
Brazil tobacco exports to China grew almost 7-fold since the late 1990s, driven by China Brasil Tabacos Exportadora SA (CBT), according to a new research.

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14 July 2021

Angola Rare Earths Mining Project ‘Critical’ to Global Supply Chain Independent of China
Angola's rare earths (REE) mining project is considered 'critical' to a global supply chain independent of China, according to a new study.
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