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Tag: China

Policy and Regulations

US blacklists Alibaba, Baidu over alleged military links to China

The United States issued an updated list on Monday of Chinese companies that it believes are aiding the country’s military — including e-commerce giant Alibaba, search engine provider Baidu and electric vehicle maker BYD. The United States Defense Department unveiled the designations just weeks after President Donald Trump met Chinese leader Xi Jinping in Beijing, […]

Business

China cracks down on ‘ghost kitchens’ amid food safety concerns

China has introduced new rules requiring food delivery platforms to verify the licences and physical addresses of restaurants, as regulators move to clamp down on thousands of “ghost kitchens” linked to growing food safety concerns. “Ghost kitchens” are takeaway-only food vendors listed on delivery apps that operate without a physical storefront. Many have recently come […]

featured Oil and Gas

Chinese firms to gain 51% stake in PH, Warri refineries

The Nigerian National Petroleum Company Limited is considering an NLNG-style equity partnership that could hand Chinese investors a majority stake of about 51 per cent in the Port Harcourt and Warri refineries as part of a broader plan to rehabilitate and commercially reposition the facilities. Details of the arrangement emerged after NNPC signed a Memorandum […]

Opinion

NECA queries NNPC refinery deal with chinese firms

The Nigeria Employers’ Consultative Association has raised serious concerns over the recent Memorandum of Understanding signed between the Nigerian National Petroleum Company Limited and Chinese firms for the “restart, completion and expansion” of the Port Harcourt and Warri refineries. It also warned that Nigeria could not afford another failed refinery rehabilitation project. Vanguard reported that […]

featured Opinion

Atiku faults NNPCL, China deal on Port Harcourt refineries

Former Vice President Atiku Abubakar has urged the Federal Government to halt the Nigerian National Petroleum Company Limited’s refinery partnership arrangement with two Chinese firms, describing the deal as lacking transparency and raising concerns over the technical capacity of the companies involved. In a statement released on Friday through his Senior Special Assistant on Public […]

featured Oil and Gas

NNPCL signs MoU with Chinese firms to revive refineries

The Nigerian National Petroleum Company Limited has signed a Memorandum of Understanding with two Chinese firms for the restart, operation and expansion of the Warri and Port Harcourt refineries. Vanguard reported that in a statement on Monday, NNPC’s Chief Corporate Communications Officer, Andy Odey, said the agreement was signed with Sanjiang Chemical Company Limited and […]

China increases number of Nigerian-made goods in Chinese market
Policy and Regulations

China extends zero-tariff policy to Nigeria, 52 African countries

China has announced the full implementation of zero-tariff measures for 53 African countries with diplomatic relations with Beijing, including Nigeria, in a move aimed at deepening trade ties and expanding market access for African exports. The policy, which took effect on May 1, marks a significant step in China’s broader strategy to strengthen economic cooperation […]

Oil and Gas

China denies US claim over seized Iran-bound vessel

China on Wednesday firmly denied claims that a vessel intercepted by the United States was carrying a “gift” from Beijing to Iran, pushing back against allegations made by United States President Donald Trump a day earlier. Trump had alleged that an Iranian-flagged ship seized by US forces in the Gulf of Oman on Sunday contained […]

Opinion

China slams US Hormuz blockade as ‘dangerous, irresponsible’

China accused the United States on Tuesday of “dangerous and irresponsible” behaviour over its blockade of Iranian ports, with President Xi Jinping vowing Beijing would play a “constructive role” in promoting peace in the Middle East. US President Donald Trump has threatened to sink ships entering or leaving Iranian ports and coastal areas in the […]

Aviation

China reopens direct air route to North Korea

China’s national airline resumed direct flights between Beijing and Pyongyang on Monday, shortly after passenger train services between the two capitals were restored. The Air China flight was greeted by Chinese Ambassador to North Korea Wang Yajun and other diplomats, Chinese state media reported. Passenger train services from China to North Korea resumed on March […]

Economy

China’s economy starts 2026 strongly amid US-Israel-Iran war risks

China’s economy kicked off 2026 on a stronger note, with factory output accelerating and gains in retail sales and investment providing early positive signals to policymakers. This comes amid heightened global uncertainty from the ongoing Iran–Israel War 2026, which involves the United States, Israel, and Iran following U.S.-Israeli airstrikes that began on February 28. The […]

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