Two Chinese citizens, Sun Zhixin and Wang Quing Hu, have been kidnapped in Ebonyi State, South-east Nigeria. The two men are workers of Tongyi construction company. They were working on a road project in Ohaozara Local Government Area of Ebonyi State when they were forcefully whisked away by armed gunmen. They were taken off the […]
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The International Monetary Fund (IMF) has warned Nigeria and other developing countries against accepting loans from China due to unfavourable loan conditions. The Financial Counsellor and Director of the Monetary and Capital Markets Department of the IMF, Tobias Adrian, said this on Wednesday during the launch of the Global Financial Stability Report for April 2019 […]
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The United States and China have announced a ceasefire in their tariffs war, hours after US President Donald Trump upended another international forum by snubbing G20 action on trade disputes and climate change. Over a dinner of steaks and Argentine wine in Buenos Aires, Trump and President Xi Jinping brokered a truce to ensure that […]
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No fewer than 22 people are feared dead and 22 others injured in an explosion and fire near a chemical factory on Wednesday in a northern China region. The incident happened near Hebei Shenghua Chemical Co. in Zhangjiakou, a city some 200 kilometres (124 miles) northwest of Beijing that will host the 2022 Winter Olympics. […]
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Typhoon Mangkhut killed at least 25 people in the Philippines as it smashed homes and left behind torrents of floodwater, and is now on course to plough into China’s coast. The massive storm, considered this year’s strongest, left key agricultural areas on Luzon island underwater as its fierce winds tore trees from the ground and […]
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The Debt Management Office (DMO) has reassured the Nigerians that there is no risk of default on the 500 million US dollars loan expected from China. The department gave the reassurance in a statement on Tuesday in Abuja. DMO’s statement is in reaction to public concern following the announcement at the Forum on China-Africa Cooperation […]
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Nigeria’s partnership with China through the Forum on China-Africa Cooperation (FOCAC) has resulted in the execution of projects valued at over $5 billion in the last three years of the current administration. President Muhammadu Buhari disclosed this on Tuesday in Beijing, capital of China, at the FOCAC round table meeting, attended by African leaders and […]
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Presidential spokesman Garba Shehu has said that Nigeria and China have completed arrangements to sign 328 million dollars agreement on the National Information and Communication Technology Infrastructure Backbone Phase 11 (NICTIB 11). Shehu, who is the Senior Special Assistant to the President on Media and Publicity, disclosed this in a statement in Abuja on Saturday. […]
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Abia Police Command has impounded a large quantity of military uniforms, allegedly imported from China and stocked at a warehouse in Aba, the commercial hub of the state. Anthony Ogbizi, the state Commissioner of Police, made this disclosure at the Umuahia Central Police Station on Tuesday, while briefing newsmen on the achievements recorded by the […]
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Chinese researchers have submitted a new leukemia drug for clinical trials, according to the Chinese Academy of Sciences. The new drug — HYML-122 — was approved by China National Drug Administration for clinical trials in June. The researchers, based in Anhui Province, spent four years developing the new drug, a source from the academy said. […]
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