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07 June 2024

Brazilian Coffee Exports to China Expect USD 500 million Jolt With New Deal
Brazil's Vice President and Minister of Development, Industry, Trade, and Services, Geraldo Alckmin, signed an agreement with China to potentially boost the country's coffee exports by USD 500 million. 

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07 June 2024

China’s SPIC Invests USD 147 million in Brazil Wind Farms and Launches Solar Parks
Chinese electricity company SPIC announced a 780 million reais (USD 147.41 million) investment in construction of two new wind farms in Northeastern Brazil, while making its debut in the country's solar sector, with two large parks beginning operations.

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07 June 2024

Mota-Engil Adds EUR 135 Million Contract in Brazil
Portuguese infrastructure group Mota-Engil, whose shareholders include China Communication and Construction Corporation (CCCC) has signed a new contract in Brazil for EUR 135 million, in a consortium with 2 companies.

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07 June 2024

Chinese Investment in Portugal Grew 34.52% in 2023
Chinese Foreign Direct Investment (FDI) in Portugal grew 34.52% in 2023, to EUR 368 million, against a downward trend in Europe, according to a report by the Mercator Institute for China Studies (MERICS).

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07 June 2024

Mozambican Tech Company BCX and Alibaba Partner to Launch Cloud Platform
Mozambican technology company BCX and Chinese company Alibaba launched a cloud processing platform in a partnership to provide several services, including databases.

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06 June 2024

Chinese Trade Minister Criticizes European Union ‘Proteccionism’ in Lisbon
Chinese Trade Minister Wang Wentao used a meeting in Lisbon with Portuguese Economy Minister Pedro Reis to criticize the recent trade protection measures taken by the European Union.

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06 June 2024

Hong Kong to Promote Financial Technology in Portugal
Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, is on a visit Portugal in an effort to promote the Chinese special administrative region's financial technology.

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05 June 2024

Portugal Aims at 500,000 Chinese Tourists a year by 2026
The head of the Portuguese Tourism Board, Carlos Abade, set the goal of reaching 500,000 Chinese tourists a year by 2026, during a visit to Beijing, where he took part in the Asian country's largest tourism fair.

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05 June 2024

Samsung Industries Ready to Start Work on Second Floating LNG Platform for Mozambique
The construction will begin soon of a second floating platform for the production of liquefied natural gas (LNG) in the Rovuma Basin, off the coast of the northern Mozambican province of Cabo Delgado, according to Samsung Heavy Industries.

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04 June 2024

Mandarin Continues to Gain Popularity Across Africa
Mandarin continues to gain popularity among African countries in recent years, which have incorporated the language into their school curricula, and the number of Confucius Institutes has increased across the continent.
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