The United States government has reaffirmed its long-standing position that COVID-19 originated from a laboratory leak in Wuhan, China. This statement, attributed to the administration of President Donald Trump, was published on the official White House website on Friday. Central to the renewed claims is the assertion that scientific and circumstantial evidence increasingly supports a lab-based origin of the virus, …

President of the Senate, Senator Godswill Akpabio, on Thursday called for a stronger partnership between Nigeria and China, lauding China’s extraordinary transformation as a model of visionary leadership and strategic development. Akpabio made the appeal in Abuja during a courtesy visit by a delegation of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC) led by its Vice …

US President Donald Trump threatens steep additional tariffs on Chinese imports if Beijing does not drop its retaliation plans, adding that Washington is open to negotiations with other countries. ‘If China does not withdraw its 34 per cent increase on top of their long-standing trade abuses by tomorrow, 8 April 2025, the United States will impose additional tariffs on China …

The Federal Government has appealed to China to ‘remove trade tariff for Nigeria as it had to 33 other African nations’, ‘In hopes of deepening economic cooperation and boosting trade in areas critical to Nigeria’s development goals’. The Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, made the appeal during a courtesy visit by the Chinese Ambassador to Nigeria, …

Chinese Foreign Ministry Spokesperson Guo Jiakun has reiterated China’s firm stance on the Palestinian issue, emphasizing that Gaza is an inalienable part of Palestinian territory and should not be treated as a political bargaining tool or controlled by external powers. His remarks come amid discussions about the future of Gaza and international diplomatic efforts to establish a lasting ceasefire in …

Two days after DeepSeek took the world by surprise, a Financial Times report warned that the West should be worried by how China appears to be leading the Artificial Intelligence race. Financial Times says the emergence of DeepSeek from the shadows, catching the West unawares, is a strong indication that China has mastered the art of “Kaizen”. I recall that …

The United States (US) unveiled a new rule Friday to tighten an exemption allowing low-value imports to enter the country duty-free, taking aim at Chinese shipments that might be benefiting from it. The proposal disqualifies certain products from the low-value, or “de minimis” exemption, which allows goods valued at $800 or below to come into the United States without paying …

Nigeria has renewed its bilateral currency swap agreement with China, a move that underscores the deepening financial and economic cooperation between the two nations. The Central Bank of Nigeria (CBN) and the People’s Bank of China (PBOC) announced the renewal of the arrangement on Friday, with the agreement amounting to N3.28 trillion, equivalent to approximately 15 billion yuan or $2.09 …

The United States has added South Korea to its “monitoring list” of major trading partners whose currency practices call for closer attention, according to a Treasury Department report released Thursday. The semi-annual report looks into countries with large trade surpluses with respect to the United States that also actively intervene in foreign exchange markets to gain a competitive advantage. It …

Former Nigerian President, Chief Olusegun Obasanjo, has declared that the People’s Republic of China is an important economic partner for Africa. He added that Chinese cooperation with Africa has not only advanced infrastructure development but also facilitated the transfer of technology and the exchange of personnel Speaking on behalf of the InterAction Council (a body of former Presidents and Heads …