Tech giant Tencent loses $46bn as US moves to ban WeChat

The Trump administration’s move to ban US residents from doing business with Tencent’s WeChat app rippled through Chinese markets, erasing US$46-billion from the Internet giant’s market value and sending the yuan to its biggest slump in two weeks. The US president’s executive order, which also applied to ByteDance’s TikTok, fuelled concern that the deteriorating US-China[...]

Read More

Nigeria can pay back Chinese loans in 20 years -Minister

Minister of Transportation, Rotimi Amaechi says Nigerian government has the capability to pay back loans collected for the construction of rail projects within the stipulated period of 20 years.Amaechi, in a statement on Saturday, said China was the only country giving out loans with a low interest rate of 2.8 per cent.He said no country[...]

Read More

China to reopen movie theatres as epidemic wanes

Chinese movie theatres in low-risk areas have been allowed to resume operation starting from July 20 following an improvement in the COVID-19 epidemic situation, the China Film Administration announced Thursday.These movie theatres should reopen on the premise that proper prevention and control measures have been put in place, the administration said in a circular.Attendance per[...]

Read More

Chinese restaurant in Lagos remained shut –FCCPC D-G

The Federal Competition and Consumer Protection Commission (FCCPC) says the Chinese restaurant known for exclusive and discriminatory service in Lagos remained shut.The FCCPC Director General, Mr Babatunde Irukera, disclosed this when he appeared on the News Agency of Nigeria (NAN) forum in Abuja.Irukera said if a place was shut down in this manner, there was[...]

Read More

China reports 18 new coronavirus cases, 9 in Beijing

China reported 18 new coronavirus cases for June 21, nine of which were in the capital Beijing, the National Health Commission said on Monday. China reported 18 new coronavirus cases for June 21, nine of which were in the capital Beijing, the National Health Commission said on Monday.This compared with 26 confirmed cases a day[...]

Read More

China pledges to supply COVID-19 vaccine to Africa free of charge

China has pledged to supply any vaccine against Coronavirus to African first free of charge.China is leading the race to develop a COVID-19 vaccine and its scientists are largely pinning their hopes on a technology that has been used for decades.Five out of 10 potential vaccines undergoing clinical trials have been developed by Chinese scientists,[...]

Read More

China-Africa summit against COVID-19 holds Wednesday

Chinese President Xi Jinping will preside over an extraordinary China-Africa summit on solidarity against Coronavirus (COVID-19) in Beijing on Wednesday. Chinese President Xi Jinping will preside over an extraordinary China-Africa summit on solidarity against Coronavirus (COVID-19) in Beijing on Wednesday.He will also deliver a keynote speech, foreign ministry spokesperson Hua Chunying announced Tuesday.The summit is[...]

Read More

China approves new self-developed cancer drug

China has granted market access to a self-developed cancer drug, according to the National Medical Products Administration.The drug, known as Brukinsa (zanubrutinib) in capsule form, was developed by the biotechnology company BeiGene.It is for the treatment of adult patients with mantle cell lymphoma (MCL) who have received at least one prior therapy, and also for[...]

Read More

US suspends flights by Chinese airlines starting June 16

The United States on Tuesday ordered the suspension of all flights by Chinese airlines into and out of the country after Beijing failed to allow American carriers to resume service to China.“US carriers have asked to resume passenger service, beginning June 1st. The Chinese government’s failure to approve their requests is a violation of our[...]

Read More

Breaking: Chinese “doctors” who came to Nigeria in a secret and yet to be disclosed mission finally leave the country

The Chinese men who entered Nigeria under controversial circumstances yesterday left the country. While Nigerians have continued to speak out on the mission of the fourteen Chinese “doctors” amid the denial and cover by government officials, they have finally taken off after over seven weeks stay. Recall that theUnited States have been engaged in a[...]

Read More

Trump: The US will cut ties with WHO henceforth

Earlier today President Donald Trump announces that henceforth the United States will cut ties with WHO. This is in continuation of America’s investigation and conclusion regarding the roles the WHO played in the wake of the corona virus and China’s seeming control over the body. Trump lamented that although China gives only a $40m support[...]

Read More

India overtakes China in number of coronavirus cases

India’s confirmed coronavirus cases have surpassed China’s, with the Health Ministry on Saturday reporting a spike to 85,940 infections and 2,752 deaths.China has reported 82,941 confirmed case and 4,633 deaths since the virus was first detected late last year in the central city of Wuhan.The worst-hit India’s states are Maharashtra with 29,100 coronavirus cases, Tamil[...]

Read More

China asks US to ‘meet halfway’ after Trump threatens to cut ties

China on Friday urged the United States to meet it halfway and strengthen cooperation in the fight against the coronavirus pandemic after President Donald Trump threatened to sever bilateral ties.Relations between the world’s two largest economies have deteriorated in recent weeks, with both sides trading barbs over the origins of the virus that has killed[...]

Read More

FBI warns China-linked hackers are targeting US vaccine research

U.S. federal authorities on Wednesday warned that China-linked hackers were targeting U.S. research organisations to steal data on vaccines and treatments for the new coronavirus.The FBI and Cybersecurity and Infrastructure Security Agency (CISA) said health care, pharmaceutical and research institutions working on a pandemic response should all be aware they were the prime targets of[...]

Read More

Ikea masturbation video goes viral in China

Ikea has said it will take “more careful” security measures in its shops in China after an explicit video of a woman masturbating in one of its stores went viral online.The pornographic clip shows a woman pleasuring herself half-naked on various sofas and beds in the furniture store’s showroom, while oblivious shoppers walk by in[...]

Read More

China’s Wuhan reports first coronavirus infection in over a month

China on Sunday reported the first case of coronavirus in over a month in Wuhan, the city where the outbreak first started in December last year.China’s National Health Commission also reported the first double-digit increase in countrywide cases in nearly 10 days, saying 14 new infections had been confirmed.Two of the cases were imported into[...]

Read More

China pressured WHO to delay global coronavirus warning ― report

Chinese President Xi Jinping pressured the director of the World Health Organization, WHO in January to hold off on issuing a global warning about the coronavirus outbreak, according to a report in a German newspaper. The Jan. 21 conversation between Jinping and WHO leader Tedros Adhanom Ghebreyesus was reported in Der Spiegel, which cited intelligence[...]

Read More

China admits coronavirus exposed ‘shortcomings’ in healthcare system

The coronavirus outbreak exposed “shortcomings” in China’s public healthcare system, a top health official admitted Saturday, saying that reforms are underway to improve the country’s disease prevention and control mechanisms.China has faced criticism both at home and abroad for downplaying the virus and concealing information about the outbreak when it first emerged in the central[...]

Read More

China, US vow to implement trade deal despite virus row

Chinese and US trade representatives agreed on Friday to “create favourable conditions” for the phase one trade deal signed in January, officials said, despite recent tensions over the coronavirus pandemic.Vice Premier Liu He, who had led Beijing’s negotiations, held a call in the morning with US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin.[...]

Read More