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Tag: China

China denies link to cyberespionage group accused of targeting Singapore
Business

China-Nigeria trade hits $20bn

The Consul General of the People’s Republic of China in Lagos, Yan Yuqing, has disclosed that the China–Nigeria trade volume rose to $20 billion in 2025. Yuqing stated that this significant growth in bilateral relations underscores the necessity for China, specifically through the Ogun–Guangdong Free Trade Zone, to support education. This support was highlighted through […]

China denies link to cyberespionage group accused of targeting Singapore
Business

China imposes tax on condoms to tackle population decline

China will, for the first time in 30 years, impose a value-added tax on contraceptives, including condoms, in a move aimed at addressing falling birth rates that could further slow economic growth. Under the updated VAT law, consumers will face a 13 per cent tax on products that had been exempt since 1993, when China’s […]

Mobile phones

China orders removal of gay dating apps from App stores

Chinese officials recently ordered the removal of two widely used gay dating applications from mobile stores within the country, a decision that Apple confirmed to AFP on Tuesday. This action comes against a backdrop where same-sex marriage remains illegal in China, and discrimination against the LGBTQ community is widespread. Activists have observed that an effort […]

China 'firmly opposes coercion' as Mexico mulls car tariffs
News

China, US extend tariff suspension for one year after talks

China said on Wednesday it would extend a suspension of additional tariffs on United States goods for one year, making official an agreement reached in talks between Presidents Xi Jinping and Donald Trump last week. The two leaders held discussions in South Korea at the end of October that effectively extended a delicate truce for […]

featured News

Chinese geologists discover massive mineral deposits in C’River

A new geological exploration exercise jointly conducted by the Cross River State government and a team of Chinese geologists has revealed extensive deposits of solid minerals across the state, positioning Cross River as an emerging hub in Nigeria’s mining sector. According to Tribune, the Commissioner for Solid Minerals, Mr. George Oben-Etchi, who confirmed the development […]

Investment

Chinese investment in Nigeria’s lithium processing hits $1.3bn — Alake

The Minister of Solid Minerals Development, Dr. Dele Alake, disclosed this weekend that Chinese investments in Nigeria’s lithium processing alone have reached $1.3 billion. Alake made the statement at the China Mining Conference in Tianjin, while speaking on the theme, ‘Connect and Collaborate, Co-Build and Co-Share’, according to a statement signed by his Special Assistant […]

Travel

China unveils K visa to lure foreign tech talents

China has introduced a new visa category, known as the K visa, aimed at attracting foreign science, technology, engineering, and mathematics graduates. The move is seen as a strategic bid to bolster Beijing’s technology workforce as the United States tightens access to its H-1B program. The K visa, set to take effect on October 1, […]

China denies link to cyberespionage group accused of targeting Singapore
Business

Nigeria-China trade surges by 34.7% to $15.48bn

Trade between Nigeria and China surged by 34.7 per cent to $15.48 billion in the first seven months of 2025 compared to the same period last year. China’s Consul General in Lagos, Yan Yuqing, disclosed this during a reception celebrating China’s 76th founding anniversary, Nigeria’s 64th independence anniversary, and the Mid-Autumn Festival. Yuqing highlighted that […]

China’s rare earth magnet exports hit six-month high in July
News

China pledges 10% emission cut by 2035

China has unveiled new climate commitments, pledging to cut its greenhouse gas emissions by seven to10 per cent from peak levels by 2035. President Xi Jinping announced that Beijing would boost wind and solar power generation to six times its 2020 levels within the next decade, increasing the share of non-fossil fuels in China’s energy […]

China denies link to cyberespionage group accused of targeting Singapore
Investment

China to build Africa’s first insulin plant in Nigeria

The Chinese Ambassador to Nigeria, Yu Dunhai, has announced plans to build Africa’s first local insulin production facility in Nigeria. This project aims to transform blood glucose level management, prevent diabetes-related complications, and end the country’s reliance on imported insulin. Speaking at a reception marking the 76th anniversary of the founding of the People’s Republic […]

Business featured

China-Nigeria bilateral trade hits $15.48bn in seven months

Bilateral trade between China and Nigeria reached $15.48 billion between January and July, representing a 34.7 per cent increase compared to the same period in 2024. Consul-General of the People’s Republic of China in Lagos, Ms. Yan Yuqing, disclosed this on Sunday at a reception marking three historic occasions: the 76th anniversary of the founding […]

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