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Cavaco in China with delegation of over 100 businessman
The President of the Portuguese Republic, Cavaco Silva arrived in China with 100 Portuguese delegates for a week-long state visit.
The aim of the visit was to reinforce the Portuguese relationship with the Asian giant, in many fields including technology, energy, tourism, wine, ceramics, health, pharmacy and business law.
It is expected that new investment opportunities and business will flow from the success of this visit.
Among the delegates was César Araújo, CEO of CALVELEX, a garment company that, against the tide of Chinese imports, has been exporting to China for the last twelve years.
At a time when the Portuguese garment industry started to feel the impact of Chinese imports, CALVELEX took the initiative, building an office in China to take advantage of China’s growing appetite for European goods.
"We recognised what the market needed and began to export high quality garments that Chinese customers wanted to buy but had difficulty obtaining. Calvelex does not only do business in China, we have built a business with China", César explains.