Bilateral relations remain strong despite the expected 20 percent drop in trade, which sits at just US$18.9 billion for the year so far.
Chinese investment
However, a new report finds the massive drop in investments is likely not linked to waning Chinese interest in the South American giant.
Remarks by the head of the Portugal-China Parliamentary Friendship Group come in the wake of Lisbon’s effective ban on Huawei.
There also need to be more flexible rules governing access to a sino-lusophone investment and development fund set up in 2013, Maria Gustava says.
Tariffs will be lowered by as much as 98 percent on some products, according to Mozambqiue’s ambassador to China.
Airports, power stations, roads and ports under construction; future projects likely to include infrastructure and services, digital economy and green growth.
Vast wealth of Greater Sunrise undersea fields, estimated at US$71 billion, vital to financial future of impoverished island nation.
Having snapped up major trophies like Philips and Mota-Engil, Chinese investors are now homing in on European tech start-ups.
Changes in Golden Visa regulations spur a rush for residential property, with Britons, French, Americans and Brazilians pushing prices to record levels.
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