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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.
26 September 2023

Chinese EV Company U Power to Build Charging and Battery Replacement Stations in Portugal
Chinese company U Power Limited will build charging and battery replacement stations for electric vehicles (EV) in Portugal in partnership with Portuguese fund manager Magnify Capital Partners.
31 August 2023

Chinese Investments in Brazil Fell 78% in 2022
Chinese investments in Brazil fell 78 % in 2022, to USD 1.3 billion, the lowest value since 2009, according to a new report, which points the cause to delays in Government licenses.
30 August 2023

Afreximbank and China Development Bank sign USD 400 million Loan to Support African SMEs
China Development Bank (CDB) signed a development-focused agreement to provide the African Export-Import Bank (Afreximbank) with a USD 400 million term loan facility to support the financing of small and medium-sized enterprises (SMEs) across Africa.
31 May 2023

African Development Bank to manage in Angola USD 50 million credit facility provided by China
The African Development Bank (BAD) will manage a USD 50 million credit facility provided by China for a project in Angola, with a total cost of USD 125 million.
22 May 2023

China invested USD 1 billion in Mozambique since 2017
China has invested around USD 1 billion in Mozambique, mainly in infrastructure, since 2017, according to the African country´s Government.
15 May 2023

Europe becomes “key part of China’s global electric vehicle expansion”
Chinese investment in Europe (EU-27+UK) continued its multi-year decline in 2022, with the continent becoming a "key part of China’s global electric vehicle expansion", according to german think-tank MERICS.
02 May 2023

Energy China International to invest USD 10 billion in Brazil
Energy China International has committed to investing USD 10 billion in Brazil, according to the Brazilian Ministry of Mines and Energy.
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