China’s Ministry of Commerce (MOC) on Tuesday announced its decision to renew anti-dumping duties on ethanolamines imported from the U.S., Saudi Arabia, Malaysia, and Thailand. The duties were initially introduced in 2018 for a period of five years as such imports had caused substantial damage to China’s domestic industry. Following the end of the term…
TikTok founder Zhang Yiming has topped China’s rich list for the first time, according to Shanghai-based Hurun magazine, which put his fortune at 49.3 billion dollars. Zhang, 41, belongs to the new generation of Chinese business people who are more internationally focused than their predecessors, according to Hurun. TikTok owner ByteDance, also founded by Zhang,…
China’s Ministry of Industry and Information Technology, on Wednesday inaugurated a pilot programme to expand value-added telecom services in four designated areas in Beijing, Shanghai, Hainan, and Shenzhen. The pilot programme would allow foreign investors to operate wholly-owned businesses such as internet data centres and engage in online data processing and transaction processing in the…
China’s National Health Commission has released its first set of guidelines aimed at standardising the diagnosis and treatment of obesity. Over past years, China had 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…
The Federal Government has urged Nigerians living in China to continue to promote the country’s cultural heritage toward fostering nation-building. The government also urged them to live peacefully with their hosts at all times. Amb. Akinremi Bolaji, Director of Trade, Economic, and Investment, Ministry of Foreign Affairs, gave the advice in his virtual address on…
China’s Ministry of Commerce (MOC) on Tuesday announced that it would impose temporary anti-dumping measures on brandy originating in the European Union (EU) by requiring importers to pay a cash deposit on purchase. The imported brandy originating in the EU involves dumping, the MOC said in its preliminary assessment publicised on Aug. 29 following an…
German police arrested a woman on allegations of spying as a Chinese agent, prosecutors announced on Tuesday. The woman, a Chinese citizen identified only as Yaqi X, was arrested by police in the eastern city of Leipzig on Monday. Her home and workplace were also searched by police. According to German prosecutors, Yaqi worked for…
President Bola Tinubu has appointed Mr Joseph Tegbe as director-general and global liaison for the Nigeria-China strategic partnership reached by the two countries during the President’s visit in September. Tegbe, a 1988 first-class graduate in civil engineering from Obafemi Awolowo University, will report directly to the President, Mr Bayo Onanuga, the President’s Special Adviser, Information…
List framework for suspected discriminatory measures and other practices violating market trading principles regarding Xinjiang-related products are set to be probed. China’s Ministry of Commerce disclosed on Tuesday that it would probe into PVH Corp. of the United States (U.S.) under the unreliable entity. The U.S. Company is suspected of boycotting cotton products from China’s…
China firmly supports Lebanon in safeguarding its sovereignty, security and national dignity, Chinese Foreign Minister Wang Yi said. Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks when meeting with Lebanese Foreign Minister Abdallah Bou Habib in New York. During exchange of views on the…
