The Chinese economy has demonstrated remarkable resilience, said an official at the International Monetary Fund (IMF). Despite domestic challenges and volatile external environment, the Chinese economy has demonstrated resilience, supported by both a global AI boom and proactive government policies, Thomas Helbling, deputy director of the IMF’s Asia andContinue Reading
China’s export control measures targeting certain Japanese entities aim to stop Japan’s remilitarization and its attempts to possess nuclear weapons, and are entirely justified, reasonable and lawful, a spokesperson for the Chinese Ministry of Commerce said on Thursday. Spokesperson He Yongqian made the remarks at a regular press briefing whenContinue Reading
Taicang, with its permanent resident population of less than one million, is a small city on the south bank of Yangtze River estuary. Known as the “hometown of German enterprises” in China, Taicang has gathered over 560 German-funded enterprises so far since the first German company Kern-Liebers settled here inContinue Reading
The federal government is in talks with GCL Group, a Chinese green and low-carbon technology company, over a proposed $5.7 billion investment spanning power, mining, and industrial manufacturing. Wale Edun, minister of finance and coordinating minister of the economy, received a high-level delegation from the firm in Abuja onContinue Reading
The Nigerian National Petroleum Company Limited (NNPC) has signed a tripartite Memorandum of Understanding (MoU) with China Gas Holdings Limited and Peiyang Chemical Singapore PTE Ltd. (PCCS), establishing a framework for structured collaboration across key segments of Nigeria’s natural gas value chain. Managing Director of PCCS, Tim Tian, disclosedContinue Reading
The European Union has failed to secure support from the United States and other G7 countries for a coordinated effort to block Russian oil deliveries under its proposed 20th package of anti-Russian sanctions, a diplomatic source in Brussels said, according to a report on Monday. The source, who spokeContinue Reading
U.S Supreme Court Strikes Down Most of Trump’s Tariffs in a Major Blow to the President The Supreme Court delivered a major blow to President Donald Trump, ruling Friday that he exceeded his authority when imposing sweeping tariffs using a law reserved for a national emergency. The justices, divided 6-3,Continue Reading
Malawian economic experts have described China’s zero-tariff policy on imports from 53 African countries, including Malawi, as a significant opportunity to help transform the country’s economy by expanding its trade access. In a phone interview with Xinhua on Wednesday, Malawian economic expert Abel Mwenibanda said the “timely and strategicContinue Reading
Cambodia exported garments, shoes, and travel goods totaling about 1.4 billion U.S. dollars in January 2026, up 7.2 percent compared to the same month last year, said an official report on Thursday. Garments worth 1.01 billion dollars were exported in January this year, up 6.7 percent compared to theContinue Reading
German Chancellor Friedrich Merz said on Wednesday that his country will seek “strategic partnerships” with China during a trip next week as he aims to discuss future cooperation between Europe and the world’s second-largest economy at a time when the United States is leaning on tariffs. “We have aContinue Reading
