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Banking / Investment in Macau

  • Saving face on the Korean Peninsula

    CHINA, 2017/05/07 Kim Jong-un sees nuclear capability as almost his sole source of regime security and he is not going to give it up, no matter how strong the pressure. He is not stupid. All he has to do is to look at the history of Iraq and Libya, where neither dictator had nuclear weapons. So if the United States insists on de-nuclearisation of the peninsula, presumably that would require regime change, and regime change is unlikely without the use of force. War in the area would be hugely destabilising and potentially disastrous. No one in their right mind should want that. China is right to urge negotiations, but what is to be negotiated? Kim is not going to negotiate away his own security by giving up his nuclear capability. But if China exerts sufficient pressure, he may acknowledge to stop testing.
  • Macau businessman wants to take companies from China to Cabo Verde

    CHINA, 2016/06/04 Macau businessman David Chow, who is involved in a tourism project in Cabo Verde (Cape Verde), has promised to take to Cabo Verde additional entrepreneurs and companies from China in different areas of economic activity, according to statements made in Praia. Chow was speaking at the end of a conference between the Prime Minister, Ulisses Correia e Silva and a mission from the China/Africa Development Fund, weekly newspaper A Semana reported.
  • BNU and Bank of China join forces for business in Portuguese-speaking countries

    CHINA, 2015/06/28 Banco Nacional Ultramarino (BNU) and the Bank of China, the two issuing banks in Macau, Thursday signed a cooperation protocol to promote business between China and the Portuguese-speaking nations. Pedro Cardoso, managing director of BNU, said at the time that the agreement was a way of the two banks to help Macau became a authentic platform for cooperation between China and Portuguese-speaking nations, in the economic area.
  • China invest US$3 billion in Macau

    CHINA, 2013/04/28 Investment by Chinese companies in Macau has exceeded US$3 billion under the terms of the Comprehensive economic Partnership Agreement (CEPA), the Chinese deputy Trade Minister, Wang Chao, said Thursday in Macau. During a seminar on investment policy in China, held at the World Trade Center in Macau, the deputy minister said that the central government supported Macau’s role as a bridge between China and the Portuguese-speaking nations.