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Oil sector reforms attract $24bn new capital –

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CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown

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Tag: China

Chinese hackers target Trump, Vance's phones
Business

China confirms deal with US to boost tech cooperation

The United States and China have agreed on a new trade framework designed to ease technology restrictions and support rare earth exports, according to a statement released Friday by China’s Ministry of Commerce. As part of the deal, China will process export applications for items under its control laws, while the U.S. will roll back […]

China’s Rednote releases open-source AI model
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China’s Rednote releases open-source AI model

Chinese social media giant Rednote, widely known by its Chinese name Xiaohongshu, has released its first open-source large language model. It joins a growing list of Chinese tech firms making strides in artificial intelligence by offering their models to the global developer community. The model, named dots.llm1, is now available for public download on the […]

Business

Rescue efforts continue after deadly blast at Eastern China plant

Search and rescue efforts continued Wednesday after a powerful explosion at a chemical plant in eastern China left six people missing, killed at least five, and injured 19. The blast, which occurred in an industrial park on Tuesday, sent shockwaves through nearby businesses and residences, shattering windows and spewing thick white smoke, according to social […]

News

US-China tensions reignite over Huawei AI chip export rules

Efforts to ease trade tensions between the United States and China have hit a setback as a new dispute over semiconductor regulations reignites friction between the two global powers. On Wednesday, China’s Ministry of Commerce issued a sharp rebuke to recent U.S. export restrictions targeting Huawei’s artificial intelligence chips, threatening legal action against those who […]

Humanoid robots will aid, not replace, human workers - China
News

Humanoid robots will aid, not replace, human workers – China

Humanoid robots will not lead to mass unemployment or replace human labor, a Chinese official has assured, amid the country’s rapid push into robotics and artificial intelligence. Liang Liang, deputy director of the Beijing Economic-Technological Development Area, emphasized in an interview with foreign media on Friday that China sees robots as tools to enhance productivity, […]

Business

China resumes Boeing plane deliveries amid US trade talks

China has lifted its ban on domestic airlines accepting deliveries of Boeing aircraft, signaling a thaw in trade tensions with the United States, Bloomberg reported Tuesday. The report cited sources familiar with the matter. The decision follows an agreement between Washington and Beijing to temporarily reduce steep reciprocal tariffs exceeding 100%, announced after weekend talks […]

Business

China considers exempting certain goods from US tariffs

China is reportedly considering suspending its 125% tariff on certain U.S. imports, according to a Bloomberg report. This move is driven by concerns about the negative impact the prolonged trade war is having on vital Chinese industries. The proposed tariff reductions would target critical sectors, including medical equipment and industrial chemicals like ethane, used in […]

News

China acknowledges EU’s appeal in WTO intellectual rights dispute

China has acknowledged receiving an appeal from the European Union regarding an intellectual property rights arbitration case at the World Trade Organization, according to its commerce ministry. It stated that China will address the issue in line with relevant WTO rules and procedures. The ministry emphasized that the Multi-Party Interim Appeal Arbitration Arrangement is crucial […]

US considers equity stakes in chipmakers under CHIPS act
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Trump to slash US tariffs on China ‘substantially’

President Donald Trump has hinted at a potential reduction in tariffs on Chinese goods, signaling a possible thaw in the tense U.S.-China trade relationship that has rattled global markets. During a White House press briefing on Tuesday, Trump indicated that the hefty tariffs—some reaching as high as 145%—could soon be eased, though not eliminated entirely. […]

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

China vows retaliation against countries backing US isolation efforts

China warned on Monday that it would take retaliatory actions against countries that align with the United States in ways that harm Beijing’s interests, as the trade conflict between the world’s two largest economies risks involving other nations. China’s warning follows reports that the Trump administration plans to use tariff negotiations to pressure U.S. allies […]

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