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Tag: China

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 […]

News

Flood: China donates 1,000 family kits to Nigerian Red Cross

The Red Cross Society of China has donated 1,000 family kits to the Nigerian Red Cross Society to support communities affected by recent flooding across Nigeria. The handover ceremony took place at the Nigerian Red Cross Society National Headquarters in Abuja, marking a significant humanitarian collaboration between the two countries. Minister of the Chinese Embassy […]

TikTok launches campus verification to help students connect
Business

US, China make progress on TikTok deal, trade

United States President Donald Trump and Chinese President Xi Jinping held a phone call, discussing the future of TikTok in the US and trade tensions between the two nations. Trump described the call as “very productive,” saying they made progress on several key issues, including trade, fentanyl, and the Russia-Ukraine war. “We made progress on […]

China denies link to cyberespionage group accused of targeting Singapore
featured News

China’s youth unemployment rate hits record high again

China’s youth unemployment rate hit a record in August since publication resumed under a revised calculation last year, adding to a recent string of gloomy economic data. The NBS announced that China’s overall unemployment rate in August stood at 5.3 per cent — up slightly from 5.2 per cent in July. The government’s jobless rate […]

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

US-China trade talks resume in Spain

China and the United States have resumed trade talks in Madrid, Spain, in an effort to narrow their differences on trade and technology issues that have strained relations between the two largest economies. The talks, which started at Spain’s foreign ministry, are expected to continue through Wednesday. US Treasury Secretary Scott Bessent and Chinese Vice […]

China denies link to cyberespionage group accused of targeting Singapore
News

Nigeria endorses China’s new global governance initiative

The Federal Government has formally endorsed China’s newly launched Global Governance Initiative, describing it as a “timely and thoughtful contribution” to the strengthening of the international system. In a press release issued by the spokesperson for the Ministry of Foreign Affairs, Kimiebi Ebienfa, on Thursday, the FG expressed appreciation to the Government of the People’s […]

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

China ‘firmly opposes coercion’ as Mexico mulls car tariffs

The measure, included in a bill submitted by Mexico’s government to Congress, aims both to strengthen the country’s industrial sector and to appease US President Donald Trump, who has repeatedly pressed trading partners to raise duties on Chinese goods. Washington has accused Chinese manufacturers of exploiting the United States-Mexico-Canada Agreement by routing products through Mexico […]

Mexico considers 50% tariff on Chinese cars amid US pressure
News

Mexico considers 50% tariff on Chinese cars amid US pressure

Mexico, under pressure not to serve as a back door for Chinese goods entering the United States, has proposed a 50 per cent duty on car imports from the Asian giant — up from 15-20 per cent. The initiative, contained in a bill submitted by the government to Congress, seeks to assuage US President Donald […]

Trump signs executive order establishing US Bitcoin reserve
Economy

China opposes economic pressure amid US tariff threats

Beijing has criticized the use of “economic pressure” after United States President Donald Trump suggested he would hike tariffs on buyers of Russian oil to stifle Moscow’s funding for its war in Ukraine. Trump proposed broadening tariffs on Russian oil buyers, including China and India, if the European Union takes similar moves. According to a […]

China denies link to cyberespionage group accused of targeting Singapore
Banking

Ex-Bank of China VP under investigation for violations

The former vice president of the Bank of China, Lin Jingzhen, has been reported to be under investigation for suspected severe violations of Party discipline and the law. This is according to an official statement released on Tuesday. Lin’s case is being investigated by the Communist Party of China Central Commission for Discipline Inspection and […]

China denies link to cyberespionage group accused of targeting Singapore
News

China imposes temporary anti-dumping duties on EU pork imports

China’s commerce ministry said Friday it would impose temporary duties on European Union pork imports, after an investigation found evidence of dumping. Beijing launched the probe last year during scrutiny by Brussels of Chinese state subsidies for the electric vehicle industry. “Investigating authorities have preliminarily determined that imports of relevant pork and pig by-products originating […]

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