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China-Timor partnership builds first skyscraper in Timor-Leste

A Chinese-Timorese partnership plans to build the Timor Fortuna Center Plaza, a building with two towers of 17 floors each costing US$70 million in Dili, the capital of Timor-Leste (East Timor), said the director of Timorese group Li Tyen Development, Carmelita Pinto Lay.

The new building, in which the Chinese partner will be Guangxi International Construction Engineering, will include shopping and leisure More

Brazil posts record trade surplus with China in 2016

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In 2016 Brazil posted the highest ever surplus in trade with China, amounting to US$11.770 billion, according to figures from the Ministry of Industry Data, Foreign Trade and Services.

That figure, compared with surplus of US$4.888 billion in 2015, was due fundamentally to the fact that Brazilian imports of Chinese products have fallen 23.94% year on year.

In 2016, Brazil sold goods to More

Angola hires Chinese company to build civil registration system

The China National Electronics Import & Export Corporation has been hired to provide the technology solution for management of civil and criminal identification in Angola, as well as the issue of registration of birth and identity cards, under a presidential order.

The contract, which will cost Angola US$243 million, will be signed by the Ministry of Justice and Human Rights, arises from More

China helps pay for electronic governance in Cabo Verde

China will lend US$13 million to Cabo Verde (Cape Verde) for the second phase of the Electronic Governance programme (E-GOV II), a project that involves the installation of a local network in schools, public institutions and hospitals, as part of an agreement signed in the Cape Verdean capital, Praia.

Pan-African news agency PANA said the preferential loan was intended to finance the More

Angola’s trade surplus increases in the 3rd quarter of 2016

Angola’s trade surplus in the third quarter of 2016 amounted to US$5.451 billion, a figure that compares with US$4.154 billion recorded in the second quarter, reported the National Statistics Institute (INE).

Data released by INE (http://www.ine.gov.ao/) showed that between July and September Angola exported goods worth US$8.468 billion, a 14.5% increase over the amount determined in the previous quarter and imported goods More

Brazilian aeronautical company Embraer delivers 225 aircraft in 2016

Brazilian aeronautical company Embraer in 2016 delivered 225 aircraft to its customers, which accounted for the largest number of annual deliveries in the last six years, the company said in a statement released on Friday.

The company delivered 108 aircraft for the commercial aviation segment, of which 90 were of the E175 model, 11 E190s and seven E195s and 117 aircraft to More