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08 April 2024

Chinese Revenue From African Projects in Decline
Revenue earned from engineering and construction works in Africa by Chinese firms has dropped by 31 per cent since the peak of lending in 2015, presumably due to factors that include a more conservative approach from lenders and a falling number of projects.

Chinese Real Estate Investment in Lisbon Drops 46,5%
Chinese Real Estate Investment in Portugal´s capital, Lisbon, fell 46,5% to EUR 54 million last year, according to data from Confidencial Imobiliário.

China Commited to Timor-Leste´s Infrastructure, Agriculture and Industry sectors
China´s minister of Foreign Affairs expressed his country´s "commitment" to support economic development in Timor-Leste, particularly in the infrastructure, agriculture and industry sectors.

China State Grid to Build New Transmission Lines in Brazil and Invest USD 39.7 billion
China State Grid, Celeo Redes (Elecnor group), and Alupar signed the contracts for three concessions to build new electricity transmission lines in Brazil.

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04 April 2024

Turismo de Portugal Resumes Activity in China With Roadshow
Turismo de Portugal will resume its promotional activities in China at the end of May and a roadshow is already planned in four Chinese cities, counting with the participation of around 120 Chinese tourism companies.

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04 April 2024

Chinese Project to Provide Jobs for Youth in Angola
The chairman of the board of directors of the "Cidade da China" shopping center in Luanda, Jack Huang, plans to make around 34,000 job vacancies available in new projects.

Capital Airlines Increases Weekly Flights Between China and Portugal
Beijing Capital Airlines announced that it will increase its operation between Hangzhou, in China, and Lisbon, in Portugal, to four flights a week.

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03 April 2024

Brazilian Tech Centre Fiocruz Adds Ties to China on Vaccines, Biologicals and Advanced Therapies
Brazilian tech centre Fiocruz is strengthening partnerships and prospecting future cooperation in health technology and innovation in China, especially in the areas of vaccines, biologicals and advanced therapies.

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03 April 2024

China and Timor Strengthen Cooperation With Official Visit
The Minister of Foreign Affairs of East Timor, Bendito Freitas, is on an official visit to China with the goal of strengthening cooperation and diplomatic relations between the two countries, the Timorese government announced.

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02 April 2024

Mozambique Awards 5 Offshore Oil and Gas Blocks to CNOOC
The Mozambican government has approved the terms of five oil research and production concession contracts with the China National Offshore Oil Corporation (CNOOC) for offshore blocks in the Southern African country.
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