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Macau receives more than 5 million visitors in January/February

Macau received 5.37 million visitors in January and February, a figure that represents an increase of 5.5% over the one recorded in the same period of 2016, reported the Statistics and Census Bureau.

The visitors remained in the territory for an average of 1.2 days, an additional 0.1 days compared to the same period of last year, with the number from mainland More

The evolution of literary ties between Portugal and China

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Yao Jingming’s latest book, History of the Literary Exchange between China and Portugal, chronicles six-‑centuries-‑worth of Portuguese perspectives on China ranging from viewing it as one of the world’s most advanced countries to a backwards nation riddled with corruption.

Director of the Department of Portuguese at the University of Macau, Yao is one of China’s leading specialists in Portuguese literature and has been recognised by the Portuguese government for his contributions to their nation’s literature. Yao is also a poet, composing in both Chinese and Portuguese, and has translated some of the most prominent Portuguese poets into Mandarin. More

Inflation slows in Macau in February

Prices in Macau in February rose by 0.37% year on year, “a substantial slowdown compared to the annual growth recorded in January (+1.76%),” due to the decrease observed in the prices of excursions and vegetables, reported the region’s Statistics and Census Bureau.

The increase in February, according to the Bureau, was due to the rise in the prices of meals bought outside More

Macau’s financial reserves totalled US$54.8 billion in 2016

The financial reserve of the Macau Special Administrative Region totalled 438.7 billion patacas (US$54.8 billion) at the end of 2016, an amount that represents an increase of 27% compared to 2015, according to the Monetary Authority of Macau (AMCM).

Applying the capital in the financial reserve provided an income of 3.31 billion patacas (US$413.7 million), or a yield of about 0.8%, compared More

Cooperation between Mozambique and China has been positive, says Consul General in Macau

Cooperation between Mozambique and China, one of the African country’s main financiers, infrastructure builders and currently the largest foreign investor in the country, has been positive, said Custodio Rafael Marques, Consul General of Mozambique in Macau.

The Consul General, after recalling various visits and high-level meetings in 2016, said in the Forum Macau newsletter that “2017 will be a year of hard More

Chinese investment in Mozambique is close to US$6 billion

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China’s investment in Mozambique has been growing at a very fast pace and in cumulative terms is approaching US$6 billion, according to figures from the Chinese Embassy in Maputo.

The figures were cited on Thursday in Lisbon by the Chinese Embassy attache in Lisbon, Nie Quan, at the launch of a book by Portuguese tax specialists Bruno Santiago and Sara Teixeira, on More