China Archives — Page 2 of 6 — City Business News

August 14, 2023 No Responses

Oil Prices Drop Amid Concerns Over China’s Economy

Oil prices eased on Monday as concerns about China’s faltering economic recovery and a stronger dollar weighed against seven weeks of gains on tightening supply from OPEC+ output cuts. Reuters report that Brent crude futures fell 73 cents, or 0.84%,...

August 13, 2023 No Responses

HMM Orders Four Multi-Purpose Heavy-Lift Ships

South Korea’s flagship carrier HMM has signed a new shipbuilding order with China State Shipbuilding Corporation’s subsidiary Huangpu Wenchong for four 38,000-ton multi-purpose heavy-lift ships. Designed by the Shanghai Merchant Ship Design and Research In...

May 29, 2023 No Responses

China’s First Passenger Plane Completes Inaugural Commercial Flight

China’s self-developed large passenger aircraft, C919, completed its inaugural commercial flight from Shanghai to Beijing on Sunday, creating a milestone in China’s aviation industry, which aims to compete with global players such as Boeing. D...

May 19, 2023 No Responses

China Overtakes Japan As World’s Top Car Exporter

Between January and March 2023, China surpassed Japan and Germany to become the world’s largest vehicle exporter for the first time, exporting a total of 1.069 million vehicles. Japan used to be the world’s leading vehicle exporter, exporting 1.047 m...

May 1, 2023 No Responses

ETIHAD CARGO EXPANDS CHINESE NETWORK

Etihad Cargo, the cargo and logistics arm of Etihad Airways, has added a fourth gateway destination to its Chinese network with the introduction of weekly flights to Wuhan Tianhe International Airport in the Hubei province of China. A sta...

April 11, 2023 No Responses

China Issues New COVID-19 Vaccination Plan

China’s National Health Commission on Monday unveiled the latest plan for COVID-19 vaccination,. The commission said that the plan aims to raise the immunity levels of certain groups and further reduce the risks of severe infection and death from the...

November 23, 2022 No Responses

Qatar, China Seal 27-Year LNG Supply Deal

QatarEnergy and China Petroleum & Chemical Corporation (Sinopec) have entered into a 27-year sale and purchase agreement (SPA) for the supply of 4 million tons per annum (mtpa) of liquefied natural gas (LNG) to China. The contracted LNG vol...

November 7, 2022 No Responses

Oil Falls As China Sticks To Strict COVID Policy

Oil prices fell more than 2% at the start of Asia trade on Monday after Chinese officials at the weekend reiterated their commitment to a strict COVID containment approach, dashing hopes of an oil demand rebound at the world’s top crude...

October 29, 2022 No Responses

Nigerian Navy Receives Patrol Vessel From China To Boost Fight Against Piracy

The Minister Of Defence, retired Maj.-Gen. Bashir Magashi, on Friday said that the Nigerian Navy had taken possession of a patrol vessel from China to boost the fight against piracy. The minister said this during the handover of some military...

September 9, 2022 No Responses

Shipping Firm Seals LNG Carriers Deal With China’s ENN

Japanese shipping heavyweight, Mitsui O.S.K. Lines has signed a long-term charter contract for three new building LNG carriers with ENN LNG (Singapore) Pte., a wholly-owned subsidiary of Chinese ENN Natural Gas. The vessels will be constructed at Hudong-Zhongh...

September 1, 2022 No Responses

Shell Secures $ 1 billion LNG Deal

Shell has sealed ten-year marine Liquefied Natural Gas (LNG) sales and purchase agreement with Israeli container shipping company, ZIM valued at more than $1 billion. According to World Maritime News, the LNG is intended for ten LNG-...

July 26, 2022 No Responses

Ambassador Lauds Chinese, Nigerian Govt Over Air Peace China service

The Nigerian Ambassador to the People’s Republic of China, Baba Jidda, has commended the governments of China and Nigeria for deepening bilateral ties between both countries. He said that this was reflected through the approval of Air Peace’s scheduled, co...

July 16, 2022 No Responses

Rep Lauds Air Peace On Direct Flights To China

The House of Representatives has commended Air Peace on the commencement of direct flight between Nigeria and China. Air Peace on Wednesday announced its official commencement of flight operations into Guangzhou-China, becoming the first Nigerian airline to ...

July 14, 2022 No Responses

Air Peace Commences Flight Operations To China

Air Peace has commenced operations into Guangzhou-China, becoming the first Nigerian airline to fly into the Asian country once every week. Chief Operating Officer, Air Peace, Oluwatoyin Olajide, disclosed this at the airline’s inaugural flight to the ...