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São Tomé and Príncipe
Briefings and training
27 November 2023
Minority Stake Sale in Brazil Unit Could Fetch China’s State Grid USD 1 Billion
State Grid Corp. of China’s Brazilian unit is seeking to raise about USD 1 billion by selling a minority stake, in a move aimed at cutting debt and boosting growth, Bloomberg reported.
09 November 2023
China International Capital Corp Looks at Brazil for Expansion
Securities firm China International Capital Corp sees increased opportunities in Brazil for cross-border deals and may consider opening an office in the country, Lindsay Lin, CICC's Head of Americas, said.
23 October 2023
Xi Says Belt and Road Initiative “Highly Compatible” With Brazil’s Re-industrialization
Chinese President Xi Jinping said that the Belt and Road Initiative is highly compatible with Brazil's re-industrialization policy.
06 October 2023
China, Brazil Trade in Local Currencies for First Time
China and Brazil completed a commercial deal in their local currencies for the first time, with transactions financed and settled in renminbi (RMB) and converted directly into Brazilian reals, according to the Bank of China Brazil SA.