These days, António Costa, Portuguese prime minister is visiting China.
It has been seen that Costa is being received with all the pomp and circumstance.
Costa appeared in the Forum Macau. The Macau Forum is the full name of the Forum for Economic and Trade Cooperation between China and Portuguese-speaking countries and is an organization set up by the Central Government of China for "consolidation of economic and trade between China and Speaking Countries Portuguese, using Macau as a connecting platform for China and Portuguese-speaking countries. " So is a Chinese government body that has a permanent secretariat, and obviously seeks to centralize the relationships and influences of China to the Lusophone countries.
The current China, especially with the leadership of Xi Jinping, is no longer a "sleeping giant" but a country uphelding a strong geostrategic posture with a world view, which is essentially based on the double insurance markets: markets for their raw materials and markets to dispose of their manufacturing, in addition it tries to free itself from a certain geo-strategic encirclement.
Within the Chinese strategic development Portugal and Portuguese speaking countries are obviously important. Angola and Brazil provide raw materials, Portugal provides some know-how and access to the European market, whereas the other main pillar is the United Kingdom now retreating from E.U.
China's global vision is reflected in the announcements made in that forum. The Prime Minister Li Keqiang announced special credits, grants and debt forgiveness in the next three years for Portuguese-speaking countries. He added that China will provide loans with special conditions in the amount of USD 300 million to four African Portuguese-speaking countries (PALOP), including Angola and East Timor until 2019 and donate another $ 300 million to the PALOP, and forgive debt that becomes due in the amount of USD 78 million.
There is a Chinese strategy of involvement of Portuguese speaking countries perceiving their reasonable drive and great potential.
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