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M

11 November 2020

Mozambique Not in China ‘Debt Trap’, Says Chinese Ambassador

A recent study by the Centre for Public Integrity (CPI) in Mozambique claiming the African country has fallen into a 'debt trap' due to its high indebtness to China, has now been rebutted by the Chinese ambassador and an academic.

B

11 November 2020

BNU Pledges “Vigorous Cooperation” for Development of Greater Bay Area

Banco Nacional Ultramarino (BNU), part of Portugal´s State-owned Caixa Geral de Depósitos (CGD) group, has pledged to "cooperate vigorously" in the development of China´s 'Belt and Road' and 'Guangdong-Hong Kong-Macau Greater Bay Area' projects.

C

10 November 2020

China´s Health Authority Sets New Demands for Imported Food Disinfection

China´s National Health Commission (NHC) has issued new guidelines about general disinfection for imported cold chain food, in the wake of several cases of Covid-19 being detected in imports.

Chinese Covid-19 Vaccine Due to Arrive in Brazil on November 20

Brazil will receive on November 20 the first 120,000 doses of Coronavac, Chinese covid-19 vaccine in the final testing phase, according to the governor of the Brazilian state of São Paulo, João Doria.

U

09 November 2020

U.S. Envoy Returns to Brazil to Lobby Against Huawei

United States Under Secretary of State for Economic Growth, Energy, and the Environment, Keith Krach, is returning to Brazil in another tour of South American countries to lobby for the exclusion of China’s Huawei Technologies from the 5G equipment market.

F

09 November 2020

Farfetch Raises USD 1.1 Bn Investment from Alibaba and Richemont to Expand in China

Online fashion retailer Farfetch, founded by portuguese entrepreneur José Neves, will get a USD 1.1bn investment from Chinese tech giant Alibaba and Swiss watch and jewellery group Richemont, to be used to expand in the fast-growing luxury goods market in China.

N

06 November 2020

New Demands for Foreign Workers Re-entering China a ‘de Facto Ban’ – European Chamber

New demands by China for foreign workers re-entering the country, starting 7 November, are a 'de facto ban', according to the European Chamber of Commerce in China (ECCC).

S

06 November 2020

Samsung Nears Conclusion of Mozambique Gas Facility Construction

Samsung Heavy Industries shipyard is nearing the conclusion of the construction of the Coral-Sul FLNG facility, which will sail-away to Mozambique in 2021 to begin natural gas extraction in the north of the country. 

A

04 November 2020

Alibaba in “advanced discussions” to invest USD 300 million in online retailer Farfetch

Chinese e-commerce giant Alibaba is reportedly in “advanced discussions” to invest nearly USD 300 million in online luxury fashion retailer Farfetch, created by Portuguese entrepreneur José Neves.

B

04 November 2020

Brazil´s Minerva to Create JV With Chinese Group for Meat Trade in China

Minerva, the largest beef exporter in South America, signed a non-binding memorandum of understanding with the Chinese conglomerate Greenland to create a joint venture for the import and distribution of meat in the Asian country.
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