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30 September 2020

China Machinery Engineering Corporation Ready for Possible GE Exit From Mozambique Energy Project

China Machinery Engineering Corporation (CMEC) is prepared for a possible exit by GE from a joint 300MW coal-fired power project and coal mine in Mozambique´s Tete province, promoter Ncondezi Energy has said.

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29 September 2020

Angola Expected to Get Financial Relief From China

Having obtained financial relief from G20 countries, Angola should also have similar support from China, in light of its difficulties in dealing with official debtload as the economy heads downwards, the Economist Intelligence Unit (EIU) says.

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28 September 2020

China Willing to Boost Angola’s Economic and Social Development, Xi Jinping Says

China is willing to assist in boosting Angola's economic and social development, Chinese President Xi Jinping told his Angolan counterpart João Lourenço.

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28 September 2020

Angola Invests Further USD 8.6 million in Rare Earth Mine

The Angolan Sovereign Wealth Fund (FSDEA) will invest a further USD 8.6 million in the Longonjo Rare Earth mine, according to mining company Pensana, which partners in the project with China Great Wall Industry Corporation (CGWIC).

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28 September 2020

Portugal Rejects U.S. Meddling in its Relations With China

The head of the Portuguese diplomacy rejected U.S. meddling in his country´s relations with China, after the american ambassador to Lisbon warned that partnering with Chinese tech company Huawei on 5G could have "consequences" for Portugal´s  Defense policy.

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25 September 2020

China and Timor-Leste Vow to Cooperate in Belt and Road Initiative

The Foreign Ministers of China and Timor-Leste vowed this week to cooperate in the Belt and Road Initiative (BRI), supporting economic recovery efforts in the post-pandemic period. 

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25 September 2020

Sinovac´s Covid-19 Vaccine to Reach Main States in Brazil

Sinovac´s Covid-19 vaccine, under testing and to be administered in the Brazilian state of São Paulo, could reach other of the South American country´s regions, according to officials. 

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25 September 2020

China´s First Ambassador to São Tomé Ends Mission

China´s first ambassador to São Tomé and Príncipe after bilateral relations resumed in December 2016, Wang Wei, is ending his mission with acclamation from local authorities.

China Creates New Free Trade Zone in Hunan Focusing on African Countries and Belt and Road

China's is establishing three new pilot free trade zones focusing on digital economy, including one in Hunan Province focusing on African countries and the Belt and Road Initiative.

China´s OPPO Aiming at 10% of Mobile Phone Market in Portugal

Chinese premium smartphone maker OPPO entered the Portuguese market this year and is aiming to reach 10% of market share in the country by the end of 2021.
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