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Brazil
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.
Angola
02 July 2020

Angola and Cabo Verde Among African Countries With High Risk of Debt Distress – Fitch Ratings
Angola and Cabo Verde are among a group of African countries considered by Fitch Ratings as being at high risk of debt distress, in the current economic crisis context. Mozambique is already in default.
Brazil
01 July 2020

China Bans Exports from Brazilian Meat Plants
Four major Brazilian slaughterhouses have been suspended from exporting to China, due to concerns about Covid-19 cases among its workers.
Macao
30 June 2020

Greater Bay Area Common Wealth Management Scheme Launched
Bank of China and the Monetary Authorities of Hong Kong and Macao have announced the Launch of a Cross-boundary Wealth Management Connect Pilot Scheme in the Guangdong-Hong Kong-Macao Greater Bay Area.
Angola
30 June 2020

IMF Forecasts Recession in All Portuguese-Speaking Countries Except Mozambique
The International Monetary Fund (IMF) expects a recession in all African Portuguese Speaking Countries (PSC) in 2020, with the exception of Mozambique.
Angola
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. 
Brazil
29 June 2020

Brazil Suspends Meat Exports to China from Two Major Producers
Brazil´s Ministry of Agriculture has suspended two major slaughterhouses, owned by JBS and Agra, from exporting to China, due to concern about Covid-19 cases among its workers.
China
29 June 2020

Huawei ICT Academy Arrives in Portugal
Huawei is launching it´s ICT Academy in Portugal, after signing a memorandum of understanding in May with the University of Aveiro and the country´s Telecommunications Institute.
Macao
29 June 2020

Macau Forum Able to Channel Chinese Investment to Portuguese-speaking countries – Deputy
Portugal and Portuguese-speaking countries should take more advantage of the Macau Forum to attract Chinese investment, namely in greenfield projects, according to the Deputy Secretary-General of the organization, Rodrigo Brum.
Brazil
26 June 2020

Brazilian Meat Exporters Ensure China of Being Covid-19 Free
Brazil´s major slaughterhouses have signed statements requested by Chinese officials saying their exports are free from coronavirus, according to companies.
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