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China
15 July 2020
Creation of BRICS Bank Regional Office in Brazil Approved
The New Development Bank´s (also known as "BRICS Bank") regional office for the Americas, based in the city of São Paulo, has been approved by Brazilian lawmakers.
02 July 2020
XCMG Group´s Bank in Brazil Aims to Support Chinese Businesses
XCMG Brasil Group launched on 01 July its banking operations in Brazil, which will support its own business and that of other Chinese companies in the South American country, according to one its top executives.
30 June 2020
IMF Awaiting China-Angola Debt Deal
China and Angola are close to a deal on debt relief for the African country, which could involve a moratorium on payments. The International Monetary Fund (IMF), which has a financing program to Angola ongoing, is waiting for a deal.
25 June 2020
Angola and Mozambique Among Countries to Benefit from China’s Debt Relief
China’s debt relief efforts have the potential to add support to a number of emerging markets (EMs) under pressure from the coronavirus pandemic-related shock, says Fitch Ratings. Angola and Mozambique are among countries to benefit.
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