Chinese oil companies and private refiners have started increasing crude oil purchases from the Middle East, Africa and the Americas to mitigate the effect of sanctions...
The Grimaldi Group has launched the first-ever direct shipping service connecting Shanghai, China to Lagos, Nigeria. The new service is set to address long-standing challenges faced...
Oil prices fell on Friday after data showed China’s economic growth slowed and investors digested a mixed Middle East outlook. Brent crude futures fell $1.39, or...
In a significant shift for China’s financial sector, some of the nation’s largest financial conglomerates are implementing strict salary limits to align with President Xi Jinping’s...
China’s central bank, the People’s Bank of China (PBOC), has decided to keep the key interest rate steady for the tenth consecutive month. On Monday, the...
The International Monetary Fund (IMF) has raised its forecast for China’s economic growth in 2024 to 5%, up from its earlier estimate of 4.6%. This adjustment...
In a concerted effort to address the $18 billion trade deficit between Nigeria and China, both nations have embarked on a collaborative endeavor aimed at bolstering...
China has kicked off the year with positive economic growth as its gross domestic product (GDP) expanded by 5.3% in the first quarter. However, beneath this...
Apple Inc. reported a significant drop in iPhone shipments during the March quarter, reflecting a downturn in sales across China amid the resurgence of competition from...
Fitch Ratings has downgraded China’s economic outlook to negative, citing concerns over the country’s mounting debt and the ongoing slump in its real estate sector. This...