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20 May 2024

Portugal Targeted in Launch of New EV Joint-Venture by Stellantis and China´s Leap
Portugal will be one of the first markets to be targeted by Leapmotor International, the new automobile brand resulting from the joint venture led by Stellantis with the Chinese Leap Motor (51%-49%).

Portugal´s Energy Grids Operator REN Committed to Reducing Environmental Footprint
REN - Redes Energéticas Nacionais, whose biggest shareholder is China State Grid, has presented its Strategic Plan for the period 2024–27, focused on facilitating the energy transition while maintaining financial and operational standards.

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16 May 2024

New BYD Metro Cars On Their Way to Brazil
The first train of Line 17-Gold of the São Paulo Metro embarked on Wednesday at the port of Zhangjiagang, in the Shanghai region of China, bound for Brazil, with its arrival scheduled for July at the port of Santos, in São Paulo.

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15 May 2024

BRICS Bank to Provide USD 1.115 Billion Loan to Support Brazil´s Rio Grande do Sul State
The New Development Bank, or BRICS Bank, will provide a USD 1.115 billion loan to support the Brazilian state of Rio Grande do Sul in the reconstruction of the economy and the infrastructure of the affected municipalities, and for strengthening the state’s productive sector.

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15 May 2024
CLBrief: Aerial view of Praia

Legal update/Cabo Verde: New Legal Framework for Public-Private Partnerships (PPP)
Cabo Verde has approved a new Law which defines the general rules applicable to the State's actions in the identification, evaluation, tendering and awarding of projects, as well as in the management of public-private partnership (PPP) contracts

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15 May 2024

Chinese Vehicle Exports to Brazil Grow 372.4% in Just 4 months
Chinese car exports to Brazil by 372.4% in the first four months of this year and totaled USD 762 million, with electric cars, at 36.2%, ranking fourth as the most shipped product by the Chinese to the country, in the period.

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14 May 2024

Portugal Shares With China Experience on Extension of Social Protection to Platform Workers
China is looking at Portugal´s experience in recent reforms and challenges to extend social protection for platform workers and workers in new forms of employment.

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13 May 2024

EU Chamber of Commerce Says business Sentiment in China at ‘All-time low’
The Annual Business Confidence Survey of European firms operating in China points to never-before-seen levels of pessimism ‘setting a negative cycle in motion’, while regions such as Southeast Asia and India increasingly become more appealing.

EDP’s Profit Grows in the 1st Quarter Driven by Power Grids in Brazil
Portuguese energy group EDP, whose main shareholder is state-owned China Three Gorges, earned EUR 354 million euros in the first quarter, 17% more than in the same period last year, with an improvement in electricity networks in Brazil.

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09 May 2024

Angola to Access Cash Held as Collateral Under China Development Bank Deal
Angola agreed with the China Development Bank, the country’s largest single creditor, to release cash held as collateral for a multibillion-dollar loan, its finance minister told the Financial Times
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