China Archives — Page 4 of 6 — City Business News

November 17, 2020 No Responses

China Exempts 97 Per Cent Of Burkinabe Products From Customs Duties

The Chinese embassy in Burkina Faso has presented a mechanism for exempting 97 per cent of products of Burkinabe origin from customs duties, in order to “boost trade cooperation” by increasing the volume of exports to its market, according to official sources....

November 16, 2020 No Responses

Fifteen Countries Seal World Biggest Trade Deal

Fifteen countries have formed the world’s largest trading bloc, covering nearly a third of the global economy. The Regional Comprehensive Economic Partnership (RCEP) is made up of 10 Southeast Asian countries, as well as South Korea, China, Japan, Austra...

March 27, 2020 No Responses

US Overtakes China With Most Coronavirus Cases

The United States now has more confirmed cases of coronavirus than any other country, with more than 85,500 positive tests. According to the latest figures collated by Johns Hopkins University, the US has overtaken China (81,782 cases) and Italy (80,589)...

August 31, 2019 No Responses

COSCO Shipping Declares 5.4 Per Cent Increase In Throughput

Despite the ongoing trade war between China and the US, Hong Kong-based port operator COSCO Shipping Ports ended the first six months of this year with a total throughput rise of 5.4 percent year on year (yoy). The total container...

July 22, 2019 No Responses

LNG: Firm Seals Long-Term Contract To China

Canadian company, FortisBC has entered into its first term supply agreement to produce liquefied natural gas (LNG) for Top Speed Energy Corporation to export to China. This term supply agreement is said to be a major development in Canada’s LNG...

April 3, 2019 No Responses

BYD Unveils World’s Longest Electric Bus

Chinese automobile maker BYD has launched world’s first 27-m pure electric bi-articulated bus K12A at the company’s headquarters in Shenzhen. With a passenger capacity of 250 people, it is the longest pure electric bus in the...

March 16, 2019 No Responses

China Unveils New Foreign Investment Law

China has passed a new foreign investment law in a move widely seen as an effort to facilitate US trade talks. Delegates voted overwhelmingly in favour of the law on the final day of the National People’s Congress (NPC). The...

November 2, 2018 No Responses

DAKUKU: CHINA MARITIME SILK ROAD, GAME CHANGER FOR GLOBAL TRANSPORT

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that the Chinese Belt and Road Initiative (BRI), also known as the Silk Road Economic Belt and the 21st-century Maritime Silk Road, will be....

October 23, 2018 No Responses

World’s Longest $20B Sea Crossing Bridge Opens

Chinese President, Xi Jinping has officially opened the world’s longest sea crossing bridge, nine years after construction first began. Including its access roads, the bridge spans 55km (34 miles) and connects Hong Kong to Macau and the mainland Chines...

September 27, 2018 No Responses

Pope Reassures Chinese Catholics After Deal With Beijing

Chinese Catholics should move on from past divisions and behave as “good citizens,” Pope Francis said on Wednesday, days after the Vatican signed a landmark deal with the Communist regime in Beijing.“We can initiate an unprecedented process that we hope....

September 19, 2018 No Responses

NPA, Guangzhou Port Seal MoU On Effective Logistics, Trade, Training, Others

By Moses Ebosele, citybusinessnews@yahoo.com – Citing need to promote cooperation in a variety of fields, the Nigerian Ports Authority (NPA) and Guangzhou Port Authority, China, on Tuesday in Abuja signed a Memorandum of Understanding (MoU). ...

September 5, 2018 No Responses

‘Nigeria’s Partnership With China Generates $5b Projects’

Nigeria’s partnership with China through the Forum on China-Africa Cooperation (FOCAC) has resulted in the execution of vital infrastructure projects across the country, valued at over $5 billion in the last three years of the current administration. Preside...

September 4, 2018 No Responses

Chinese Oil Firm Guarantees Funding For NNPC’s Project As Buhari Attends FOCAC Business Summit

China National Petroleum Corporation (CNPC) has assured the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, of its unflinching commitment towards securing funding for the successful financing and subsequent exe...

September 2, 2018 No Responses

Buhari To Sign $328m ICT Agreement In China

President Muhammadu Buhari arrived Beijing Saturday to attend the Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) holding September 3 – 4, 2018. During the 6-day official visit of the Nigerian President, he is expected to join his Chinese...