ChinaEconomy

ASEAN now China's largest trading partner

The Association of Southeast Asian Nations became China’s largest trading partner in the January-May period, according to China’s Ministry of Commerce. Customs statistics showed that China’s exports rose 1.4 percent in May in yuan terms, as prevention…
AngolaEconomy

Laúca dam puts Angola in the world top 10

Angola is in the top 10, in the world ranking of the countries that most contributed to the generation of energy from dams, the result of investments made in Laúca in the last eight years. Angola contributed about 344 MW, ranking 7th, according to the Hydroelectric…
AngolaEconomy

Angola's oil sales fell by almost half

Angola’s oil exports fell 48% in May from April, to 225 billion kwanzas, according to data from the Ministry of Finance cited by international news agencies. The value of oil exports went from 432.5 billion kwanzas (644 million euros) in April to 225.3 billion…
EconomyPortugal

China's gold visas drop nearly a third by May

Chinese investment raised through ‘gold’ visas fell 32% in the first five months of the year, compared to the same period in 2019, to 65.5 million euros, according to data from the Foreigners and Borders Service (SEF). Between January and May, the total amount…
Economy

More than half of Brazil's beef is purchased by China

In May, sales to the Asian country represented 56% of exports of the Brazilian product. Even with the pandemic, Brazil exported almost 733 thousand tons of beef in 2020, an increase of 5% compared to the first five months of 2019. Abroad, the main destination of Brazilian…
BrazilChina

China promotes next online Canton Fair to Brazil

A promotional event for the 127th Canton Fair was held online on Tuesday to connect the organizer with about 300 representatives from the business council, buyers and companies from 126 cities in Brazil. During the event, officials at the China Foreign Trade Center…
Economy

Chinese demand breaks Petrobras fuel oil sales record

Brazilian oil company Petróleo Brasileiro SA (Petrobras) sold 1.11 million tonnes of fuel oil last month, 231 percent more than a year earlier and the most in any month yet, BNAmericas reports, quoting Petrobras Chief Executive Roberto Castello Branco. The business…
EconomyMozambique

Mozambique Airlines postpones return to Europe via Lisbon

The airline Linhas Aéreas de Moçambique (LAM) announced Tuesday that it will postpone the company’s return to European space, via Lisbon, due to the Covid-19 pandemic. “The impact of covid-19 on economies and, consequently, on traffic on this route, calls into…