China has blocked one of the few Western social media sites that had remained accessible to its population: Pinterest. The site has followed the example of Facebook, Twitter and many others after the photo sharing site was blocked in China, according to data from censorship monitoring organization GreatFire. GreatFire checks a range of the internet’s […]
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The Chinese Deputy Ambassador to Nigeria, Mr. Lin Jing, yesterday in Abuja, said Chinese investments in the nation have hit over $13 billion. He said China was also demonstrating its commitment to Nigeria’s friendship and development through the $1.3billion Lagos-Ibadan Railway Project. He added that the $326 million 30 rice mills projects slated for the […]
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China’s imports and exports grew in the first two months of this year after weakening toward the end of 2016. Exports rose 4 percent from a year earlier in January and February to $302.8 billion, rebounding from a 6.1 percent contraction in December, customs data showed Wednesday. Imports rose 26.4 percent to $260.6 billion, accelerating […]
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China has started to build a new-generation supercomputer that is expected to be 10 times faster than the current world champion, a media report said. This year, China is aiming for breakthroughs in high-performance processors and other key technologies to build the world’s first prototype exascale supercomputer, the Tianhe-3, said Meng Xiangfei, the director of […]
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The Nigeria Government and the Peoples Republic of China have commenced talks on a N900 billion ($4.5b) loan to facilitate the production of agricultural machineries for large scale farming in selected states across the country. The Minister of Agriculture and Rural Development, Chief Audu Ogbeh during a meeting with representative of China-Africa Machinery Corporation (CAMACO), […]
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Trade between Nigeria and China stood at $9.5bn in 2016, according to the Economic and Commercial Counsellor of the Chinese Embassy, Mr. Zhao Linxiang. Linxiang gave the figure at a dinner to host participants of different training courses in China on Friday night in Abuja. The envoy said though bilateral relations between both countries faced […]
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China is confident to have reached an economic growth of 6.7 percent in 2016, within a targeted range set earlier in the year, Vice Finance Minister Zhu Guangyao said on Sunday. China’s economy expanded at a steady 6.7 percent in the first three quarters last year, and Zhu said he was confident the growth rate […]
Read More China has recovered 2.3 billion yuan ($331.27 million) in losses from graft in the first 11 months of this year from across more than 70 different regions and countries, the country’s corruption watchdog said on its official website on Saturday. The news comes after Beijing shifted the focus of its corruption campaign to recover illicit […]
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As soon as China abandoned its one-child policy a year ago, Zheng Xiaoyu and her husband started trying for a sibling for their nine-year-old son. Their efforts bore fruit with another boy — one of a million extra births this year. “The traditional Chinese thinking is that more children bring more blessings,” Zheng said, recovering […]
Read More The Chinese government is planning to expand the country’s high-speed rail network to 30,000 kilometers (18,600 miles) by 2020, part of public infrastructure spending aimed at shoring up economic growth. Vice Transport Minister Yang Yudong said Thursday the network would connect more than 80 percent of China’s major cities. Yang says China plans to invest […]
Read More China stocks fell in timid trade on Wednesday, with sentiment dampened by a regulator’s latest measures to put insurers’ aggressive stock investments under stricter supervision. Both the CSI300 index and the Shanghai Composite Index extended Tuesday’s losses and fell 0.4 percent, to 3,302.21 points and 3,102.54 points respectively. Investor confidence was shaken by Wednesday’s media […]
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China’s explosive demand for SUVs helped boost auto sales 17.2 percent in November over a year ago, an industry group said Monday, as automakers prepared for the end of a key tax break and a potential slump in demand. Drivers in the world’s biggest auto market by number of vehicles sold bought 2.6 million cars, […]
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