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Brazil
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

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.
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