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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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09 May 2024

Chinese Ambassador Announces New Projects for Angola
China's ambassador to Angola, Zhang Bin, stated on April 30, after an audience with the vice-president of the African country, Esperança da Costa, that his country is promoting new major strategic projects with Angola.

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09 May 2024

JAP Brings Foton’s Chinese Electric Cars to Portugal
Portuguese group JAP has entered into an exclusive partnership with Foton Motor Group, assuming the position of official importer of the Asian manufacturer for Portugal.

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09 May 2024

Macau-Lisbon Flights Made Easier With Launch of Korean Air’s Direct Flights
South Korean flag carrier, Korean Air, has announced the launch of direct charter flights between South Korea's capital, Seoul, and Lisbon from September 11, making it easier for passengers to fly between Macau and Lisbon.

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08 May 2024

Xi Jinping Plans Strategic Visit to Brazil in November
Preparations are being made for a possible visit by the Chinese leader to Brazil in November, which could take place before or after his participation in the G20 summit, scheduled for the 18th and 19th of the same month in Rio de Janeiro. 

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08 May 2024

Portugal out of Extension of Visa Waiver to 11 European Countries by China
China will extend its visa-free policy for citizens of eleven European countries until 2025, not including Portugal, the Chinese Ministry of Foreign Affairs announced today.

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08 May 2024

New Chinese Ambassador to Guinea-Bissau Aims to Raise Cooperation to “New Levels”
The new Chinese ambassador to Guinea-Bissau Yang Renhuo presented credentials to the country´s President, claiming he wants to raise bilateral cooperation to “new levels”, at the level of Governments and the private sector.

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07 May 2024

Chinese Cars are Staying in Brazil for Good
The massive influx of Chinese cars into Brazil is transforming the entire automotive market, with prices falling not only for electric competitors, but also for combustion vehicles, according to a report published by the Brazilian Bank BTG Pactual.
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