China Archives — Page 4 of 7 — City Business News

March 22, 2021 No Responses

Nigeria Partners Chinese Investors On Irrigation Farming, Rice production

The Nigerian Government has endorsed a partnership between the All Farmers Association of Nigeria (AFAN), investors linked to the Chinese government, as well as Brains and Hammers private firm to boost irrigation farming. The partnership ...

March 22, 2021 No Responses

Saudi Aramco To Prioritise Energy Supply To China For 50 years

Saudi Aramco will ensure China’s energy security remains its highest priority for the next 50 years and beyond as new and existing energy sources run in parallel for some time, CEO Amin Nasser told the China Development Forum on Sunday.Saudi Arabia,...

January 25, 2021 No Responses

China Takes New Foreign Investment Top Spot From US

China has overtaken the US as the world’s top destination for new foreign direct investment, according to UN figures released on Sunday. New investments into America from overseas companies fell by almost half last year, leading to the loss of...

December 28, 2020 No Responses

China Declares $7.77b Auto Export In November

China’s automobile imports and exports expanded further in November, according to data released by the China Association of Automobile Manufacturers (CAAM). Last month, the import and export volume of automobile commodities totaled 16.3 billion U.S. dollars,...

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 off...

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...