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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

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.
19 March 2020

Covid-19 could cost African oil exporters USD 65 billion
The Covid-19 pandemic is taking a severe impact in the economies of China, Africa’s major trading partner, and also Europe and North America.
28 January 2020

Brazilian solar attracts Chinese investors
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.
14 January 2020

Is this peak oil for Brazil?
Production is higher than ever but the latest of Brazil's oil licensing round attracted very little interest from the foreign firms, suggesting that the boom may be short-lived, unless either the government improves the investment regime or international oil prices rise substantially.
15 October 2019

Bolsonaro seeks detente with China
Brazil’s President Jair Bolsonaro has significantly backtracked on the anti-Chinese comments he made in the run-up to his election victory.
03 August 2019

Brazil and Portugal lagging in Forum Macao
A little over a year ago, Brazil guaranteed that it would play a bigger role in Forum Macao’s activities in the future. But the change of administration in Brasília, now under President Jair Bolsonaro, has brought that effort to a near standstill.
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