Tag: China
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China reacts as Trump fires strong warning at Iran
China is calling for more efforts by influential countries to defuse the Iran-Israel conflict, following warnings by U.S. President Donald Trump that Tehran residents should evacuate.
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China hammers US over Golden Dome missile shield system, says it “undermines global stability”
China on Wednesday caitioned that US President Donald Trump’s “Golden Dome” missile shield system “undermines global stability” after he announced US$25 billion in initial funding for the plan. “This undermines global strategic balance and stability. China expresses serious concern over this,” Foreign Ministry spokeswoman Mao Ning told a regular briefing. “The United States puts its…
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Oil prices climb to nearly $66 following US-China tariff truce
Oil prices surged on Monday, reaching $65.99 per barrel, after the United States and China agreed to temporarily ease tariffs, fueling optimism that the trade dispute between the world’s top two crude consumers may be nearing resolution.
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Visa delay: Nigeria withdraws from World Relays in China
Nigeria has withdrawn from the 2025 World Relays scheduled to take place in Guangzhou, China, citing delays in the issuance of visas to its athletes. The Athletics Federation of Nigeria (AFN) in a statement on Friday blamed China’s visa process for the withdrawal.
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Wike travels to China for key talks on FCT satellite towns water project
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has embarked on an official trip to China to advance efforts aimed at providing potable water to satellite towns within the FCT.
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Choices, not chance: Why China is rich, and Nigeria is poor – By Dakuku Peterside
China and Nigeria, two continental giants that entered the late 1970s with similar per capita incomes, have since taken opposite economic trajectories. In China, the decisive moment was Deng Xiaoping’s 1978 decision to “open the windows” and let the world’s capital know-how to blow in. In Nigeria, the same decade
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Chinese envoy says U.S. tariffs may trigger global recession
Chinese Ambassador to Nigeria, Yu Dunhai, has said that the current U.S. tariff policy could trigger a severe global economic downturn, which could also in turn hurt the U.S. economy. He gave the warning at a news conference on Friday in Abuja, cautioning that the U.S.’ aggressive trade
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Trade wars: China turns to Nigeria, other emerging economies as US markets freeze
Product manufacturers in China have turned their attention to Nigeria and other emerging markets following the imposition of trade tariffs on their products by the US President, Donald Trump. Recall Trump, on April 2, slapped a 46 per cent tariff on Vietnam and a 17 per cent levy on the Philippines before paring those back…
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Akpabio assures China on bilateral agreements
The President of the Senate, Godswill Akpabio, has assured China that all bilateral agreements would be implemented. This assurance was given during a courtesy visit in Abuja on Thursday.
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China begins implementation of new 84% tariffs on U.S. imports
China officially commenced the implementation of its planned retaliatory tariffs on U.S. goods on Thursday, imposing an additional 84 per cent duty on imports from the U.S.