The online fashion retailer aims to use locally made textiles in 85 percent of the clothes it sells in the country.
The two firms intend to boost storage and handling facilities at two ports in the northeast of China’s Hebei province.
Speaking in response to questions from lawmakers, António Costa said “mutual respect” characterised Sino-Portuguese ties.
A top cotton official in Brazil tells Chinese media that yuan settlements in the booming trade are ‘a way to the future’.
The southern African nation’s resources minister says he is ‘optimistic’ about working with Chinese companies in the energy, metals and minerals sectors.
Brazil and Angola retain their top positions as China’s biggest trading partners among the Portuguese-speaking countries, but trade with Mozambique shows the biggest growth.
An industrial park in China’s island province of Hainan is set to find new applications for extracts and byproducts from Mozambique’s cashew nuts.
The funds will be managed by the African Development Bank (AfDB), which will provide additional financing for the project in Benguela province.
