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Brazil
29 May 2020

Brazilian Industry Calls for Measures to Compensate Import of Subsidized Chinese Products

 

A study by the National Confederation of Industry (CNI) shows that Brazil imported USD5 billion in subsidized Chinese products in 2019, 14.1% of Brazilian imports from China last year. The body is calling for more “compensatory measures” do protect the Brazilian industry,

29 May 2020

Brazil Picks New Representative for “BRICS Bank” and Names Brazil-China Council for Foreign Trade Position
Economist Roberto Fendt will be the new head of the Special Secretariat for Foreign Trade and International Affairs, of the Ministry of Economy, the Brazilian Government has announced Until now, Fendt has served as executive secretary of the Brazil-China Council.
25 May 2020

Further Tensions in Brazil-China Relations in Wake of Covid-19
Brazil-China relations have been put to a further strain with the release by the Brazilian Supreme Court of a recording of a Government meeting where Minister of Economy, Paulo Guedes, says the Chinese Government should pay for a Marshall Plan to all countries that have been hit by Covid-19. China´s embassy in Brazil has avoided escalation.  
17 May 2020

China-Brazil trade resists global slowdown
With international trade levels declining as a result of the Covid-19 pandemic, Brazilian trade flows remain strong. According to data released by the Brazilian Foreign Trade Secretariat for the first four months of the year , exports to Asia, especially to China, are the hotspot for South America´s largest economy, and sales to China grew 11.3% .
04 May 2020

Announcement: Your New and Improved CLBrief Newsletter
Starting May 5th, a new and improved CL Brief e-mail newsletter will be available to all its readers, with timely, reliable and relevant information about business issues regarding the Portuguese-Speaking Countries (PSCs), China and other Asian economies.
30 April 2020

Banco Nacional Ultramarino and ICBC Macau partner for Portuguese-speaking countries
Banco Nacional Ultramarino bank and the Industrial and Commercial Bank of China (Macau) have signed a memorandum of understanding for the joint promotion of business between China and the Portuguese-speaking countries, according to a statement by the issuing bank.
21 April 2020

Macau Government Reaffirms Commitment to Portuguese-Speaking Countries
The 2020 Lines of Government Action, the first presented under the new chief executive, Ho Iat Seng, essentially retain that central role and opens new avenues for their development, like a Renminbi-denominated stock market and e-commerce platforms.
21 April 2020

State-Supported Bailout of Portuguese Airline TAP Could Have Chinese Funding
The Portuguese Government considers nationalising the company, where it already has half of the capital, but its private shareholders are pushing for a cash infusion, from a financial consortium which could have Chinese capital.
20 April 2020

Angolan Exports to China Take a Hit
With the Coronavirus crisis and the slowdown in the Chinese economy in the first quarter of 2020, along with a drop in oil prices, Angolan exports to China have now taken a hit. 
26 March 2020

Vale group removes Brazilian workers from Mozambique
As the Covid-19 pandemic reaches Mozambique, Vale decides to repatriate expatriates working at its Moatize coal mine, one of Mozambique's major exporters.
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