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China
03 August 2023
China´s XCMG and Portugal´s Martifer Partner in New Energy Equipment
XCMG Machinery has signed a cooperation deal with Martifer, leader in construction and in the new energy sectors in Portugal, aimed at expanding new energy equipment in the Portuguese market.
24 July 2023
Brazilian Arm of China Three Gorges Withdraws from IPO
The Brazilian unit of power company China Three Gorges Corp withdrew from an initial public offering in the Brazilian stock exchange.
18 July 2023
Brazilian Crude Import Boom Expected in China
Chinese oil refineries, led by heavyweight Sinopec, are set to boost Brazilian crude imports in the third quarter, according to industry sources.
17 July 2023
EDP Increases Stake in EDP Brasil to 88% With EUR 821 Million Investment
EDP, whose biggest shareholder is China Three Gorges, increased its stake in EDP Brasil from 56% to almost 88%, following a takeover bid (OPA) aiming to delist the Brazilian subsiditary from the stock market.
06 July 2023
China´s CALB Lithium Battery Factory in Portugal in Peril
Chinese group China Aviation Lithium Battery Technology´s (CALB) lithium battery factory in Portugal, one of the major investments planned in the European country, is now at risk.
20 June 2023
SEPETIBA Oil Production Vessel on its Way From Tianjin to Brazil
The "SEPETIBA", one of the world's largest FPSO (floating production, storage and offloading unit) vessels, assembled by China, was shipped to Brazil from the northern port city of Tianjin.
13 June 2023
China´s CGN Brazil Energy seeks new financing for Brazilian energy projects
Chinese group CGN Brazil Energy is negotiating with Banco do Nordeste (BNB) new financing for energy projects in Brazil.
12 June 2023
China National Chemical Engineering (CNCEC) to Build and Finance Lobito Refinery in Angola
China National Chemical Engineering (CNCEC) will build and finance Lobito Refinery in Angola, under a deal with national oil company (NOC) Sonangol.
09 June 2023
Portugal should “make rational political choices autonomously” regarding Huawei, China says
Chinese diplomacy advised Portugal to "make rational political choices autonomously", regarding a possible ban of Huawei from the European country´s 5G networks, and warned of consequences such as "breaking ties".
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