Mr Wang Yi, Chinese Minister of foreign Affairs, on Thursday urged Nigeria to issue panda bonds in China to generate revenue to finance its infrastructure development. The Minister said this while addressing State House correspondents alongside his Nigerian counterpart Amb. Yusuf Tuggar, after a meeting with President Bola Tinubu. Yi, who expressed confidence in Nigeria,…
Chinese President Xi Jinping and other top leaders said on Monday, they would adopt a more “relaxed” approach to monetary policy as they hashed out plans to boost the economy next year. The world’s second-largest economy is battling sluggish domestic consumption, a persistent crisis in the property sector and soaring government debt — all of…
A stabbing incident outside a school in Wuxi, a city in eastern China, has left at least eight people dead and 17 others injured, local authorities confirmed. The attack occurred on Saturday evening at the Wuxi Yixing Arts and Crafts Vocational and Technical College, around 6:30 p.m. local time (10:30 GMT). According to police, the…
China’s National Health Commission has released its first set of guidelines to standardise the diagnosis and treatment of obesity. Over the past years, China has witnessed an upward trend in the morbidity rate of its overweight and obese population, according to the guidelines issued by the commission. As an independent disease and a major causative…
Mainland Chinese stocks ended more than four per cent higher on Tuesday but were well off their early highs as traders were left disappointed by a lack of new stimulus from Beijing and a few details about measures announced last month. The Shanghai Composite Index, which opened more than 10 per cent higher, ended up…
China said it test-launched an intercontinental ballistic missile on Wednesday, firing it into the Pacific Ocean in a rare trial run that flexed its military might. Beijing has stepped up its nuclear development in recent years, with the Pentagon last October warning China was developing its arsenal more quickly than the United States had anticipated….
China has urged its citizens in Israel to leave “as soon as possible”, as tensions between Israel and Lebanon’s Iran-backed militant group Hezbollah escalate. “Currently, the situation along the Israel-Lebanon border is extremely tense, with frequent military conflicts,” China’s embassy in Israel said in a statement on Sunday. “The security situation in Israel remains severe,…
President Bola Tinubu who is currently in Beijing has seized the opportunity to visit the China Railway Construction Corporation, CRCC, where he acknowledged the company’s role as a reliable partner in Nigeria’s infrastructure development programme, commending its ongoing railway projects in the country. The President noted, ”It is equally very important that we give assurances…
During President Bola Tinubu’s visit to Beijing on Tuesday, he and China President Xi Jinping discussed ways to enhance bilateral relations for mutual benefit. They agreed to establish a high-level Nigeria-China community collaboration with a shared future. This visit is part of Tinubu’s preparation for the 2024 Forum on China-Africa Cooperation Summit, taking place from…
China President Xi Jinping has reaffirmed his commitment to collaborate closely with President Bola Tinubu to enhance the China-Nigeria diplomatic relationship and promote China-Africa cooperation. This was announced during their meeting at the Great Hall in Beijing, where Tinubu was visiting at Xi’s invitation. The meeting comes ahead of the 2024 Forum on China-Africa Cooperation…
