25 May 2020
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
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
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 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
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
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.
28 January 2020
Chinese companies like JinkoSolar and BYD are rapidly increasing their solar module manufacturing capacity in Brazil, despite the anti-environmental stance of President Jair Bolsonaro, with a range of Brazilian state organisations and regulators supporting the renewable energy boom that looks set to revolutionise power production in South America’s biggest country.