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Brazil
17 May 2020

China-Brazil trade resists global slowdown
With international trade levels declining as a result of the Covid-19 pandemic, Brazilian trade flows remain strong. According to data released by the Brazilian Foreign Trade Secretariat for the first four months of the year , exports to Asia, especially to China, are the hotspot for South America´s largest economy, and sales to China grew 11.3% .
Macao
14 May 2020

Adelson ‘gives up’ on Japan casino project
US gaming mogul Sheldon Adelson’s Las Vegas Sands has given up on its US$10 billion casino project in Japan, objecting the terms of Japan’s casino legislation.
Mozambique
14 May 2020

Mozambique´s economy to contract 2.4% in 2020 due to pandemic
With the coronavirus pandemic weighing on economic activity, the Economist Intelligence Unit (EIU) now expects the economy of Mozambique to contract by 2.4% in 2020. According to the EIU, the economy will pick up in 2021, growing by 2% as the agriculture sector rebounds.
China
13 May 2020

Portuguese Port of Sines delays new EUR 600 million terminal project for 1 year 
The bid for the construction of the new Vasco da Gama terminal at Portugal´s Port of Sines has been delayed until April 2021, according to the administration. In the meantime, Sines is moving ahead with the expansion of the existing terminal, operated by PSA Singapore, and wants to created an agro-industry hub for agricultural companies from Brazil. 
China
12 May 2020

Portuguese-Chinese Chamber of Commerce and Industry rejects new association for SMEs
The Portuguese-Chinese Chamber of Commerce and Industry (CCILC) has loudly rejected a new Portugal-China trade association focused on small and medium-size enterprises (CCPC-PME). In a statement, CCILC calls the new association "untransparent".
Angola
11 May 2020

UN´s Economic Commission for Africa Proposes 7 Lockdow Exit Strategies
The United Nations Economic Commission for Africa (ECA) estimates that a one-month full lockdown across Africa would cost the continent about 2.5 per cent of its annual GDP, equivalent to about USD 65.7 billion per month. With the costs of the Covid-19 lockdown mounting, the ECA is now proposing 7 Lockdow Exit Strategies for African Countries that that "provide sustainable, albeit reduced, economic activity".
China
11 May 2020

PortugalFoods Launches “Virtual Missions” to Taiwan, Singapore, Hong Kong and South Korea
With travel restrictions related to Covid-19 putting trade missions on hold, PortugalFoods, the "umbrella" brand of the Portuguese agrofood sector, is organizing "virtual missions", starting with Taiwan, Singapore, Hong Kong and South Korea.
China
11 May 2020

New Portugal-China Chamber of Commerce for SMEs
Adding to the Luso-Chinese Chamber of Commerce and Industry (CCILC), created in 1978, that represents the biggest companies and banks, a new chamber of commerce for small and medium-size enterprises (SMEs) of the two countries has now been created.
China
08 May 2020

Presidents of China and Portugal Vow to Deepen Cooperation After Covid-19
President Xi Jinping said Thursday, during a conversation with his Portuguese counterpart that  he expects that after the COVID-19 pandemic ends, the two sides will deepen cooperation, promote the joint construction of the Belt and Road (B&R),and push for greater development of the China-Portugal comprehensive strategic partnership.
Angola
07 May 2020

New “Highly Prospective” Rare Earth Mining Project in Angola
A new "highly prospective" rare earth mining project has opened up in Angola, according to Australian miner Pensana Metals, which has the Angolan Sovereign Wealth Fund as a shareholder.
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