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Angola seeks cooperation with China in efforts to diversify economy: minister

STORY: Angola seeks cooperation with China in efforts to diversify economy: minister DATELINE: Aug. 30, 2022 LENGTH: 00:02:06 LOCATION: Luanda CATEGORY: ECONOMY SHOTLIST: 1. various of Angola 2. SOUNDBITE 1 (English): MARIO AUGUSTO CAETANO JOAO, Angolan Minister of Economy and Planning 3. SOUNDBITE 2 (English): MARIO AUGUSTO CAETANO JOAO, Angolan Minister of Economy and Planning 4. SOUNDBITE 3 (English): MARIO AUGUSTO CAETANO JOAO, Angolan Minister of Economy and Planning STORYLINE: Angolan Minister of Economy and Planning Mario Augusto Caetano Joao has said Angola is seeking to diversify its economy and that the southern African country welcomes more Chinese investment as there will be win-win opportunities for both countries. In a recent interview with Xinhua, the minister said Angola, as one of the world's largest oil producers, is working to inject vitality into its non-energy sectors, including agribusiness. SOUNDBITE 1 (English): MARIO AUGUSTO CAETANO JOAO, Angolan Minister of Economy and Plann

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LTCB-Sumitomo Trust merger plann

LTCB-Sumitomo Trust merger plann

Katsunobu Onogi (R-center), president of the Long-Term Credit Bank of Japan, meets the press at the Bank of Japan in Tokyo on June 26 after an announcement that his bank has agreed to start talks on a merger with Sumitomo Trust and Banking. The LTCB has long been plagued with massive nonperforming loans.

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