CHINA continues to dominate foreign direct investment (FDI) in Ethiopia, with more than 4,500 Chinese-led projects currently active across various sectors, according to a senior Ethiopian government official. Speaking at a press briefing ahead of the Invest In Ethiopia 2025 forum, Ethiopian…
CHINA has updated its tax refund policy for foreign tourists, shifting from a refund-upon-departure policy to a refund-upon-purchase model, the State Taxation Administration (STA) says. The STA said on Tuesday that under the new refund-upon-purchase policy, foreign visitors could instantly…
CHINA faced a deadline Tuesday to roll back the reciprocal tariff it imposed on the U.S. or face an additional 50% levy.
CHINA will impose a 34 per cent tariff on imports from the United States from April 10, customs authorities announced on Friday. The move comes in retaliation for a 34 per cent duty on Chinese goods announced by U.S. President…
CHINA has taken steps to restrict local companies from investing in the United States, a move that could provide Beijing with greater leverage in potential trade negotiations with President Donald Trump’s administration, Bloomberg reports, citing sources familiar with the…
THE President of Russia, Vladimir Putin on Wednesday promised to deepen bilateral relations with the People’s Republic of China. Putin made this known in Kremlin, Moscow, during a meeting with Wang Yi, member of the Political Bureau of the…
THE top diplomats from Japan, China and South Korea met in Tokyo on Saturday, seeking common ground on East Asian security and economic issues following escalating global uncertainty. Japanese Foreign Minister, Takeshi Iwaya said at the start of the…
A Chinese engineer from a research institute has been sentenced to death for selling classified material to foreign spy agencies, China’s Ministry of State Security said on Wednesday. The engineer, identified as Liu, from the research institute was working with…
NIGERIA and China have agreed to collaborate in addressing the growing number of financial crimes involving Chinese nationals in the West African nation. The decision follows a meeting between Chinese Ambassador Yu Dunhai and Nigeria’s Economic and Financial Crimes Commission (EFCC) in…
CHINA on Wednesday announced a 7.2 per cent increase of its national defence budget totalling to USD 249 billion this year amid its hectic efforts to modernise armed forces, including fast paced development of warships and new generation fighter jets.…
