Ethnic Chinese in Mozambique in 1975, the Chinese found their business assets and even the buildings held by the Chinese community associations expropriated by the new Communist government, leading many to consider leaving the country. The push to depart was sharpened by the 1977 onset of the Mozambican Civil War. Many emigrated to Portugal. Their arrival preceded that of the main wave of Chinese migration there, consisting of mainland Chinese labourers; the Chinese from Mozambique tended to have far better labour market outcomes in Portugal, due to both their fluent command of Portuguese, and their higher level of education. They commonly found employment as
Bank of Mozambique Bank of Mozambique The Bank of Mozambique () is the central bank of Mozambique. The bank does not function as a commercial bank, and has the responsibility of governing the monetary policies of the country. The president of the Republic appoints the governor. The bank is situated in the capital, Maputo, and has two branches, one in Beira and one in Nampula. The Bank of Mozambique is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion. Most of Mozambique was a Portuguese overseas territory for several centuries. After independence in 1975, the newly