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Brazil
29 May 2020

Brazilian Industry Calls for Measures to Compensate Import of Subsidized Chinese Products

 

A study by the National Confederation of Industry (CNI) shows that Brazil imported USD5 billion in subsidized Chinese products in 2019, 14.1% of Brazilian imports from China last year. The body is calling for more “compensatory measures” do protect the Brazilian industry, such as import tariffs based on the percentage of the subsidy granted in other countries.

 

China is the main source of Brazilian

Brazil
29 May 2020

Brazil Picks New Representative for “BRICS Bank” and Names Brazil-China Council for Foreign Trade Position
Economist Roberto Fendt will be the new head of the Special Secretariat for Foreign Trade and International Affairs, of the Ministry of Economy, the Brazilian Government has announced Until now, Fendt has served as executive secretary of the Brazil-China Council.
Cabo Verde
29 May 2020

Business Opportunities: Cabo Verde
Tenders for new infrastructure projects in Cabo Verde have been opened by the Government and foreign representations.
Angola
29 May 2020

Huawei Brings Home Study Solution to Angola
With students learning at home because of social confinement due to Covid-19, teaching has gone on-line more than ever. Chinese IT company Huawei has been actively promoting Home study solution, that has now become available in Angola. 
Angola
27 May 2020

China Supplies Aircraft to Angolan Air Force
The National Air Force of Angola (FANA) has started receiving its new Hongdu K-8W “Karakorum” training/ light attack aircraft, built by AVIC from China. According to an industry expert, FANA will operate a total of 12 such airplanes.
China
27 May 2020

Samsung Heavy Industry Moves Ahead with LNG Platform for Mozambique
Samsung Heavy Industry is moving ahead in South Korea with the construction of a floating platform (FLNG) for the Area 4 joint-venture, led by Eni and which include´s China National Oil and Gas Exploration and Development Company, a subsidiary of CNPC. In spite of the current restrictions due to the Covid-19 pandemic, delivery is still scheduled for 2022.
Angola
27 May 2020

China´s Oil Imports from Angola Continue Recovery
Angola was China's fifth top crude oil supplier in April, customs data showed, with imports rising 23.8% from the same month a year earlier. In the first four months of 2020, Chinese imports from Angola are still negative, despite the recovery.
Hong Kong
26 May 2020

Macao casino magnate Stanley Ho dies at 98 in Hong Kong hospital
Macao gaming magnate Stanley Ho Hung Sun passed away in Hong Kong at the age of 98 today, his family announced outside Hong Kong Sanatorium and Hospital. Macao’s “king of gambling” had retired after an accident at his home in Hong Kong in 2009.
China
25 May 2020

Huawei Fusion Solar Brings 5G Energy Technology to Portugal

 

Huawei Fusion Solar, active in 170 countries is operating since December 2019 in Portugal, where large photovoltaic parks are now starting. Integrating new technologies, including 5G, into the renewable energy production, it aims to become one of the more relevant players in the sector.

 

Bruno Santo, responsible for Huawei Fusion Solar in Portugal, told ECO in Portugal that the strong investment of the company

China
25 May 2020

Portugal Should be “pragmatic” in Face of Possible US-China Escalation, top Portuguese Diplomat Warns
Former Portuguese Foreign Minister, Ambassador António Martins da Cruz warns that the current trade war between the US and China could be just the first stage of a more severe dispute, that evolves into a technological war, a political one and, at the last stage, a military dispute like the one during the height of the Cold War. Portugal, he warns, should have a "pragmatic approach" to the escalation.
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