China Archives — Page 4 of 6 — City Business News

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...

August 23, 2018 No Responses

Geely Records 54 Per Cent Increase In Sales

Geely Automobile Holdings surpassed its top three Japanese rivals to become the third-largest automaker in China after Volkswagen Group and General Motors, helped by models that appeal to the nation’s young consumers. Reporting a 54 percent jump in net i...

June 20, 2018 No Responses

Liberia, China Classification Society Seal Innovation MoU

The Liberian Registry and the China Classification Society (CCS) have agreed a Memorandum of Understanding (MoU) as the latest step in its strategy to collaborate effectively with its long-term key industry stakeholders. Under the terms of the MoU, the Liberia...

June 4, 2018 No Responses

Photo News

The Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola; Minister of Federal Capital Territory, Alhaji Muhammad Musa Bello; Minister of Finance, Mrs. Kemi Adeosun; President of China Export Import Bank, Liu Liange; Nigerian Ambassador to China, A...

May 3, 2018 No Responses

China Signs Currency Swap Agreement With Nigeria

China’s central bank said on Thursday it has signed a three-year bilateral currency swap agreement with Nigeria worth 15 billion yuan ($2.36 billion). The People’s Bank of China (PBOC) said on its website the swap deal will facilitate trade and...

April 10, 2018 No Responses

Growing US Imports Threatened by Developing Trade War

Imports at major retail container ports in the US are expected to grow 5.8 percent in April, but could be threatened by a developing trade war between the US and China, the National Retail Federation said. “Tariffs are a tax on...

April 1, 2018 No Responses

COSCO Shipping Declares $423.3m Profit In 2017

China’s major COSCO Shipping Holdings delivered improved earnings in 2017 on the back of a broad economic recovery globally and increasing demand for container shipping services. The company informed that profit attributable to its equity holders for the ye...