Business
Paramount to boost film, reinvent cable brands after $8.4bn Skydance merger

Paramount aims to clear antitrust hurdle for Warner

  • 7th February 2026
Tarrif hike: DisCos sweat as manufacturers insist on old rates

DisCos blame power outages on sharp drop in

  • 7th February 2026

Transcorp Power revenue surges 30% to ₦398.27bn in

  • 6th February 2026

US extends AGOA duty-free access for Nigeria, others

  • 6th February 2026

Contact Info

Some Populer Post

Education empowers against slavery, brute force — Adeleke

Opinion
Customs, FAAN ranked worst-performing agencies in May 2024

Customs seize ₦3.3bn contraband in major crackdown

featured News

US missionary accuses Benue govt of sabotaging Yelwata market

News
US court jails Nigerian hacker for $2.5m identity theft

Nigerian jailed for defrauding 400 Americans in $6m inheritance

Scams

Tag: China

Business

China strikes back, raises tariffs on US goods to 125%

China responded on Friday to United States President Donald Trump’s tariff hikes by raising its own tariffs on American goods from 84% to 125%, according to the Chinese finance ministry. The ministry said, “Even if the U.S. continues to raise tariffs, it will no longer be economically meaningful and will go down as a joke […]

News

China cuts Hollywood film imports as trade war escalates

China plans to cut back on Hollywood film imports as tensions rise in its trade dispute with the United States. In a statement released Thursday, the China Film Administration confirmed the move, responding to questions about whether growing U.S. tariffs would affect American movie imports. The CFA said China would instead focus on increasing film […]

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

China retaliates, hits US with 34% import tariff

China’s Ministry of Finance has announced a 34% tariff on all U.S. imports starting April 10, in response to similar duties implemented by the U.S. under former President Donald Trump’s administration, according to state news outlet Xinhua. “China urges the United States to immediately cancel its unilateral tariff measures and resolve trade differences through consultation […]

Trump considers sanctions against China’s DeepSeek
News

Chinese AI startup DeepSeek upgrades V3 Model, challenging US rivals

Chinese artificial intelligence startup DeepSeek has launched a major upgrade to its V3 large language model, intensifying competition with United States’ tech leaders such as OpenAI and Anthropic. The latest model, DeepSeek-V3-0324, is now available on the AI development platform Hugging Face, marking the company’s latest effort to establish a strong foothold in the evolving […]

China approves AI Assistant Monica for local market, adds to collection
News

China approves AI Assistant Monica for local market, adds to collection

Beijing’s municipal government announced on Tuesday that Monica, a Chinese version of AI startup Manus’ Assistant, has completed the regulatory registration required for generative AI applications in China. This approval marks a significant milestone for the AI assistant, clearing a key regulatory hurdle. China imposes strict regulations on generative AI platforms, requiring them to comply […]

News

China, India emerge as Nigeria’s largest import partners

China and India have solidified their positions as Nigeria’s largest sources of imports, accounting for a combined total of N20.31 trillion in 2024, according to the latest trade report from the National Bureau of Statistics. The report indicates that China led the import chart with goods valued at N14.14 trillion, while India followed with N6.17 […]

News

China hits Canada with tariffs amid escalating global trade tensions

China has announced retaliatory tariffs on Canadian agricultural products in response to Canada’s earlier imposition of duties on Chinese-made electric vehicles, steel, and aluminum products. Beijing said the new Chinese tariffs, effective March 20, will impose a 100% duty on Canadian rapeseed oil, oil cakes, and peas, and a 25% duty on aquatic products and […]

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

China strikes back with 15% tariffs on US goods

China has announced Tuesday additional upto tariffs and export controls on goods and companies in response to recent United States tariff increases on Chinese imports. These measures are in retaliation to the U.S. increasing tariffs on Chinese imports to 20% as of March 4. China is imposing new tariffs on U.S. agricultural goods, including a […]

News

China’s Baidu to launch next-gen AI model amid DeepSeek competition

China tech giant, Baidu plans to launch Ernie 5.0 in the second half of 2025, featuring enhanced multimodal capabilities. The AI model will be able to process and convert text, video, images, and audio, positioning Baidu against rising competitors like DeepSeek. The release comes as competition in China’s AI sector heats up, with startups like […]

News

China probes Google, blacklists two US firms amid trade tensions

China has launched an anti-monopoly probe into Google’s parent company, Alphabet Inc., and added two US companies—PVH Corp and Illumina—to its “unreliable entity list.” This follows the implementation of new US tariffs on Chinese goods, signaling a significant escalation in trade tensions between the world’s two largest economies. China’s Commerce Ministry stated that PVH Corp, […]

Chinese App Xiaohongshu tops US app store amid TikTok ban
News

Chinese App Xiaohongshu top of US app store amid TikTok ban

Chinese-owned app Xiaohongshu has emerged as a favorite alternative for content creators and users alike, as TikTok potentially be banned in the U.S. on January 19 unless the Supreme Court intervenes. On Monday, the app surged to the top spot for free apps on the U.S. App Store, becoming the leading Social Networking app across […]

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

China to expand currency swap agreement with Nigeria

China has expressed willingness to expand its currency swap agreement with Nigeria and support the issuance of panda bonds. Chinese Foreign Minister Wang Yi emphasized that the currency swap deal showcases the strong financial cooperation between both nations. Wang Yi made the announcement on Thursday in Abuja during his visit to Nigeria, that China is […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in