Portugal’s EU presidency dealt bitter blow as Indian prime minister cancels trip to EU-India summit
Portugal’s ‘moment of glory’ at the head of the rotating EU presidency has been dealt yet another blow as India prime minister Narendra Modi cancels his visit to the EU-India
‘Golden’ visas: Chinese investment slumps 28% in 2020 to 158M
Last year, amid the COVID-19 pandemic, 296 golden visas were granted to Chinese citizens under the Residence Permit for Investment (ARI) scheme, totalling 158 million euros – a 28% year-on-year
Portugal back in ‘cross hairs’ of economic battle between China and U.S.
Portugal is back in the cross hairs of an economic battle that has been simmering for the best part of two years between China and the United States. With the
Chinese construction giant buying into Mota-Engil on US ‘technology blacklist’
CCCC, the Chinese construction giant buying a 30% stake in Portuguese group Mota-Engil is on a United States ‘technology blacklist’. Research undertaken since Mota-Engil made its announcement earlier this week
Chinese construction giant closes in on 30% stake of Portugal’s Mota-Engil
China Communications Construction Company (CCCC) – purportedly the world’s 4th largest in its field – has moved forwards in its interest to buy a “slightly more than” 30% stake in
Chinese want more AI in Portuguese hotels
Artificial Intelligence will be a game changer for Portugal’s hotel industry, according to a study by consultancy agency Mazars. The Chinese, in particular, base their booking decisions when selecting hotels
PM affirms pandemic’s ‘big economic lesson’ is to reduce dependence on China
Prime minister António Costa echoed feelings throughout Europe today when he told Rádio Renascença that the first major economic lesson of this pandemic is that we must all reduce dependence
Chinese construction ‘giant’ gunning to take over Brisa motorway concession
The largest construction company in the world, China State Construction Engineering, is said to be very keen to buy into the José Mello Group that runs the Brisa motorway concession.
Foreign minister denies Portugal is China’s ‘special friend in the EU’
Portugal’s foreign minister Augusto Santos Silva has denied that Portugal has become China’s ‘special friend’ in the EU. In interview with Peter Wise, the Financial Times correspondent in Lisbon, he
Tivoli Hotels & Resorts opens first hotel in China
Tivoli Hotels & Resorts is to open a new hotel this year in China in its first foray into the Chinese market. The hotel will be in the capital of