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17 August 2020

Mozambique Set for 4.4% GDP Drop in 2020 and “Modest” Recovery Next Year – EIU
The impact of the Covid-19 pandemic will "weigh heavily" on Mozambique´s economy, with real GDP contracting by 4.4% in 2020, before recovering slowly to a growth of 1% in 2021, according to the Economist Intelligence Unit (EIU).

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13 August 2020

China Three Gorges Increases Stake in Portugal´s EDP
China Three Gorges (CTG) increased to 21,55% its stake in EDP, Portugal´s leading energy company, where it is already the largest shareholder. 

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13 August 2020

Economic Commission for Africa Urges China to Support Debt Relief
The UN Economic Commission for Africa (ECA) is urging China to participate in the G20 Debt Service Suspension Initiative (DSSI), so African governments have fiscal space to effectively respond to the COVID-19 emergency.

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12 August 2020

“Shock” to Brazilian Exports Prevented by Sales to China
The rapid economic recovery of several Asian countries, especially China, prevented the new coronavirus pandemic from causing a "shock" to Brazilian exports, said Brazilian Economy Minister Paulo Guedes.

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12 August 2020

Brazil Considers Taxing China Aluminum Imports Due to Dumping
Brazil´s Ministry of Economy is considering to tax aluminum imports from China, in light of evidence of damages to the country´s industry caused by Chinese dumping.

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11 August 2020

Delay in Macau Legend´s EUR 250 million Resort in Cabo Verde Likely – Government
Macau Legend group´s casino resort in Praia, Cabo Verde, is going ahead, but is likely to face delays because of the covid-19 pandemic, according to the Tourism minister, Carlos Santos.

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10 August 2020

Agriculture and Logistics Key to Future of China-Brazil Business Ties – Diplomat
China has already invested USD 80 billion in Brazil, mainly in energy and electricity, and agribusiness is now the sector with the greatest investment potential, according to Qu Yuhui, minister at the Embassy in China in Brasilia.

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10 August 2020

Chinese Nationals Lead Portugal Golden Visa Requests
Chinese nationals led "golden" visa requests in Portugal in July, which totalled 56 million euros, according to official statistics.

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06 August 2020

European Chamber of Commerce in China Pushes for Return of Foreign SME Employees
The European Chamber of Commerce (ECC) in China is pushing for the lifting of entry restrictions for foreign nationals imposed by China in March, including teachers and workers and company employees. 

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06 August 2020

Ncondezi Energy Moves Ahead With Coal Project in Mozambique With China´s CMEC
Ncondezi Energy Limited has submitted to Mozambique´s electricity utility, EDM, the Transmission Integration Study for its Ncondezi 300MW coal-fired power project and coal mine in Tete province, in which it partners with China Machinery Engineering Corporation (CMEC).
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