Macau plays an important role in Sino-Portuguese bilateral relations, and it has achieved remarkable development in various fields over the past 20 years, said Paulo Cunha Alves, consul general of Portugal in the Macau Special Administrative Region (SAR).

Pair share phone call as Michel takes office at a time when Europe is becoming more wary of Beijing. Rise of China is an opportunity for the EU, Xi says

Hong Kong’s King Wai (KWG) group has acquired an 80.1% stake in Portuguese bank Banco Internacional de Negócios (Europa), a digital banking platform, the South China Morning Post reported recently.

The Chinese investment raised through ‘gold’ visas totaled 2.529 billion euros in the seven years of the program, while the Brazilian was 678.6 million euros, according to data from the Foreigners and Borders Service (SEF).

The government intends to strengthen air links with Beijing and extend them to other Chinese cities.

More than half of the energy produced in the country last year, 55.2 percent of the total, came from renewable sources, according to the General Directorate of Energy and Geology.

The conglomerate is also motivated by Beijing’s push to forge closer business ties with Portuguese-speaking economies BNI will potentially be the only Portuguese bank to offer cross-border digital financial services in the Greater Bay Area and belt and road countries