China’s exports hits unexpected inrease first time in six months
China’s exports saw an unexpected increase in March, rising 14.8% from that of 2022 after close to six months of declines. This…
China
Volkswagen to increase number of EV stations in China
A senior executive at Volkswagen AG in China has restated the company’s commitment to speeding up the process of vehicle electrification in…
Why Elon Musk plans to visit China, April
By Christian George Tesla’s CEO, Elon Musk, is set to visit China in order to woo more foreign investment to help…
Global renewable energy hits 9.6% increase in 2022
The total amount of renewable energy capacity worldwide reached 3372 gigawatts, representing an increase of 295 gigawatts or 9.6 per cent at…
China cuts bank reserve first time in 2023
China’s central bank announced on Friday that it will reduce the amount of cash that banks must retain as reserves for the…
Apple supplier Foxconn plans $200m AirPod factory in India
Apple’s largest IPhone assembler, Foxconn has won an order to make AirPods for Apple and plans to establish the factory for the…
Nigeria secures China funding to fix national grid
The Transmission Company of Nigeria has signed an agreement with a group of Chinese companies to secure funding for the improvement of…
China raises defence budget by 7.2%
China will raise its budget on defence by 7.2% this year in a bid to enhance preparedness and build the nation’s security…
OPEC to reconsider output as China oil demand surges – IEA
The executive director of the International Energy Agency, Fatih Birol said on Sunday that OPEC and other oil producers will have reconsider…
China donates over N2.8bn agric centre to Nigeria
The Chinese government on Tuesday have donated over 2.8 billion worth of agricultural demonstration centre to Nigeria. The Chinese Ambassador to…
Kogi, China partner to tackle insecurity
The Governor of Kogi State, Yaya Bello, has signed a Memorandum of Understanding with Chinese investors for the provision of a first-of-its-kind…
China boosts ties with Nigeria, unveils new trade association
In a bid to strengthen the Nigeria-China relationship, the Counsel General of the People’s Republic of China, Chu Maoming inaugurates Nigeria Anhui…