Banco de Portugal and the Monetary Authority of Macao have discussed setting up an offshore market for bonds denominated in renminbi, the Portuguese central bank says.
European nations are divided over how best to deal with Beijing, which looms larger in their policy and public debates
As European governments debate whether to allow Huawei to build critical 5G infrastructure, fears of economic retaliation by China play a major role in their thinking. While this is a legitimate concern, it would be a mistake if such concerns were allowed to dominate decision-making on strategic issues.
China’s producers hope to restore capacity in the weeks ahead, but sagging demand in export markets could hold back economic recovery.
China’s plan to resume annual parliamentary sessions delayed by the coronavirus outbreak next month could be seen as a statement of the country’s commitment to get back to normal. The actual gathering may end up showing how much has changed.
Three of the world’s four largest economies, the United States, Japan and the European Union, are drawing up separate plans to lure their companies out of China
A consortium led by Mota-Engil of Portugal has been awarded a contract worth US$234m to construct the initial section of the Tren Maya network serving the Yucatan Peninsula.
China will launch an online shopping festival to prop up consumption after its economic growth contracted 6.8 percent year-on-year in the first quarter.
The Banco Nacional Ultramarino bank and the Industrial and Commercial Bank of China (Macau) signed a memorandum of understanding for the joint promotion of business between China and the Portuguese-speaking countries, according to a statement issued by the issuing bank.
Chinese contractors snared almost a quarter of global construction revenue in 2018 as the Belt and Road Initiative took flight



