China
Chinese traders favor naira over dollar, BDC operators reveal
The National President of the Association of Bureau De Change Operators (ABCON), Aminu Gwadabe, has revealed that Chinese traders and investors in Nigeria are increasingly conducting transactions in naira rather than the US dollar, signaling growing confidence in the local currency. Gwadabe attributed this shift to the Nigeria-China bilateral currency swap agreement signed in December […]
China’s military parade: A show of strength, unity
China marked the 80th anniversary of the end of World War II with a grand military parade in Beijing’s Tiananmen Square, showcasing its military prowess and unity. The event was attended by 26 world leaders, including Russian President Vladimir Putin and North Korean leader Kim Jong Un. Chinese President Xi Jinping, who is also the […]
China, Russia forge ahead with new global order vision at SCO summit
In a significant display of diplomatic unity, China and Russia have pledged to reshape the global order at the Shanghai Cooperation Organisation (SCO) summit. The gathering, attended by leaders from over 20 countries, primarily from the Middle East and Asia, marked a crucial step towards creating an alternative power structure to US-led international institutions. Chinese […]
North Korean leader Kim Jong Un crosses into China for high-stakes meeting
North Korean leader Kim Jong Un has crossed the border into China, marking a significant diplomatic move ahead of a high-profile military parade in Beijing. Kim’s visit to China is set to be a crucial moment in the country’s relations with its key allies, China and Russia. According to state media, Kim’s train crossed the […]
Putin blames West for Ukraine war at China-led SCO summit
Russian President Vladimir Putin has attributed the war in Ukraine to Western provocations, asserting that Moscow’s assault was a response to years of NATO’s destabilizing actions in the region. Speaking at the Shanghai Cooperation Organisation (SCO) summit in Tianjin, China, Putin defended Russia’s military campaign in Ukraine, emphasizing that the crisis stemmed from a coup […]
China’s Xi urges regional leaders to oppose ‘cold war mentality’
Chinese President Xi Jinping called on regional leaders to oppose “Cold War mentality” and “bullying behavior” in global affairs, emphasizing the need for a more just and equitable global governance system. Xi’s remarks came during a speech at the Shanghai Cooperation Organisation (SCO) summit in Tianjin, China, where leaders from over 20 countries gathered to […]
Vladimir Putin arrives China, meets Xi
Russian President Vladimir Putin has arrived in Tianjin, China, for the Shanghai Cooperation Organisation (SCO) summit, a regional security grouping that aims to rebalance global power in favor of its member countries. The summit, which brings together over 20 world leaders, including Indian Prime Minister Narendra Modi, is being closely watched as a platform to […]
India, China strengthen ties on the sidelines of SCO summit
Indian Prime Minister Narendra Modi met with Chinese President Xi Jinping on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in Tianjin, China, signaling a growing closeness between the two nations. This meeting comes just days after the United States imposed steep tariffs on Indian goods, potentially accelerating India’s thawing relations with China. “We […]
China supports UN’s global role, Xi tells Guterres
Chinese President Xi Jinping has reaffirmed China’s support for the United Nations’ global role, emphasizing the importance of “true multilateralism” in addressing international challenges. Xi made these remarks during a meeting with United Nations Secretary-General Antonio Guterres, who is attending the 2025 Shanghai Cooperation Organisation (SCO) summit in China. “China will remain a reliable partner […]
Global leaders converge on SCO summit amidst Trump tariffs, geopolitical tensions
The Shanghai Cooperation Organisation (SCO) summit is set to take place in Tianjin, China, bringing together over 20 world leaders, including Russian President Vladimir Putin and Indian Prime Minister Narendra Modi. The gathering assumes significance amidst the ongoing US trade war, with President Donald Trump imposing tariffs on several countries, including China and India. Eric […]