Chinese billionaire banker Bao Fan, who has been missing for almost a year, has resigned from his financial firm, China Renaissance Holdings Ltd. He stepped down “for health reasons and to spend more time on his family affairs,” the bank said in a statement. Mr Bao’s unexplained disappearance in February last year shocked China’s business and investing […]
Tag: CHINA
Apple offers iPhone 15 at rare discount in China as competition intensifies
Apple is offering rare discounts on its iPhones in China, cutting retail prices by as much as 500 yuan ($70) amid growing competitive pressure in the world’s biggest smartphone market. The U.S. tech giant cut prices of some iPhones by 5%, its Chinese website showed on Monday. The time-limited promotion, branded as a Lunar New […]
China pledges support for Ghana’s debt treatment
Chinese authorities have expressed their commitment to support Ghana to resolve the current short-term liquidity challenges. China will also continue to support Ghana’s medium and long-term developmental aspirations. “China believes in promoting debt sustainability and sustainable development,” the Chinese Minister of Finance, Liu Kun, said. He gave the assurance when the Minister of Finance, Ken […]
China’s population falls for the first time since 1961
China’s population has fallen for the first time in 60 years, with the national birth rate hitting a record low – 6.77 births per 1,000 people. The population in 2022 – 1.4118 billion – fell by 850,000 from 2021. China’s birth rate has been declining for years, prompting a slew of policies to slow the […]
Mubarak Wakaso finally leaves Ghana by private jet to begin China career
Ghana midfielder Mubarak Wakaso finally left Accra on Thursday to begin his career with Jiangsu Suning six months after he was supposed to have joined the Chinese Super League side. The Chinese billionaire got their private jet and a special permission from the Ghanaian authorities to allow the midfielder to fly to start playing for […]
Chinese Ambassador to Israel found dead in his apartment in Tel Aviv
China’s Ambassador to Israel, Du Wei, has been found dead in his apartment north of Tel Aviv, an Israeli official told BBC News. The official said Israeli police had launched an investigation but initial findings suggested no foul play. Mr Du, 57, was only appointed ambassador in February having previously served as envoy to Ukraine. […]
Two Chinese nationals arrested for trying to bribe EFCC officials with $250,000 in Nigeria
Nigeria’s anti-corruption agency, the Economic and Financial Crimes Commission (EFCC), has arrested two Chinese nationals for allegedly offering a $250,000 bribe in local currency to one of its senior officials. Meng Wei Kun and Xu Koi were arrested on Tuesday inside in their office in the northern city of Sokoto as they gave the money […]
COVID-19: ‘’We won’t probe origin of disease’’-China rejects calls for independent international investigation
China has rejected calls for an independent international investigation into the origin of the coronavirus. A top diplomat in the UK, Chen Wen told the BBC the demands were politically motivated and would divert China’s attention from fighting the pandemic. Information about the origin of Covid-19 and how it initially spread could help countries tackle […]
Germany sends China £130billion invoice for ‘COVID-19 damages’ – sparks anger in Beijing
Germany has sparked outrage in China after a major newspaper put together a £130bn invoice that Beijing “owes” Berlin following the impact of the coronavirus pandemic. Germany has followed France, the UK and the US in directing its coronavirus anger at China, where the virus originated. Recent attacks come amid findings that Beijing appeared to […]
NPP Japan branch wants China to stop the blame game on Africans
The Japan branch of the ruling New Patriotic Party (NPP) is urging Chinese Authorities to stop the blame game and fix challenges that has plagued the African community in that country as reports of alleged racism continue to come up. A statement issued by the branch and in the possession of BestNewsGH.com read in part […]
COVID-19: African governments unite to fight China over eviction of Nationals
African governments have teamed up to fight the alleged acts of racial discrimination against their nationals residing in China. Last week, there were widespread videos and various reports of some ‘ill-treatment’ being meted out to Africans in the Chinese city, Guangzhou, including eviction from places of residence, being avoided in public, among others. Though China […]
COVID-19: Hundreds of Africans ejected from Hotels in China
Hundreds of African residents and businessmen in China’s southern city of Guangzhou have been evicted from hotels and apartments as local health officials rollout a testing campaign for Covid-19, community leaders have told the BBC. Those evicted say they are being discriminated against. “They are accusing us of having the virus,” said Tobenna Victor, a […]