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China
28 August 2020

China´s CCCC to Take 30% Stake in Mota-Engil, Portugal´s Largest Construction Company
China Communications Construction Company, Ltd. (CCCC) is set to take a stake of 30% in the capital of Mota-Engil, Portugal´s largest construction company. 
Portugal
27 August 2020

South Korea´s Hanwha Takes Half of Lots in Solar Energy Auction in Portugal
The second solar energy auction in Portugal ended with Hanwha Q Cells, from South Korea, winning half of the lots, beating strong competition from European companies, the Government announced on Wednesday.
Angola
26 August 2020

Angolan Oil Production Heading Bellow 1 million barrels in 4-5 Years – Government
The Angolan Oil & Gas agency (ANPG) forecasts Angolan oil production in blocks currently under production will contract continuously in the next decade, and drop bellow 1 million barrels per day in 4 to 5 years.
Brazil
25 August 2020

China Says US “Grossly Interferes” in Relations With Brazil
The Chinese Embassy in Brazil accuses the United States of "grossly interfering" in its relations with Brazil by appealing for the South American country to ban Huawei from the development of its 5G networks.
Angola
24 August 2020

Huawei to Train Angolan Ministry of Foreign Affairs Staff in 5G
Huawei will provide training in Information and Communication Technologies (ICT), including 5G, to staff from the Ministry of Foreign Affairs of Angola, under a new bilateral agreement. 
Angola
24 August 2020

Drop in Exports and Investment sink Angolan Currency – EIU
The Angolan currency will sink more than expected in 2020, because of the drop in the country´s export revenue and investment inflows, adding to the unravelling of the International Monetary Fund´s program, according to the Economist Intelligence Unit (EIU).
Brazil
20 August 2020

Post-Pandemic Economic Recovery Hard for Brazil – Study

Brazil is one of the Group of 20 major economies (G-20), facing a more difficult economic recovery, according to Verisk Maplecroft’s Recovery Capacity Index.

 

The newly-released index measures more than a dozen factors which either underpin or undermine a recovery from a crisis, including Covid-19 caseloads, but also underlying governance issues and weaker institutions, in Brazil´s case identified as impediments to long-term

Brazil
19 August 2020

Brazil Disputes Chinese Claim Meat Packages Contain Covid-19
Brazil is disputing Chinese authorities´ claims that meat packages originating in the South American country contained the coronavirus, which led to the suspension of exports to China by some of its companies. 
China
18 August 2020

Return of Foreign Workers to China Still Facing Barriers – European Chamber
The European Chamber of Commerce in China (ECC) has welcomed the lifting of restrictions for EU residents to return to China, but says important barriers still remain, undermining european companies´ activity.
Angola
17 August 2020

Portuguese-Speaking Countries Legislation Now Available in Chinese
The Chinese version of the Guide to Investing in Portuguese-Speaking Countries (PSCs) and Timor-Leste, published by official legal database Legis-PALOP+TL is now available, for the first time in 2020, under a partnership with MacauLink, supported by private entities.
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