Alarm as China builds ‘secret’ military facility in UAE

China’s ambitions to establish a military footprint in the oil-rich region appear to have become a reality. Satellite images emerged last week suggesting that China was building a multi-storey military…

CHINA’S MARRIAGE MARKET: WHERE PARENTS FIND PARTNERS FOR UNMARRIED CHILDREN

The concept of marriage, seemingly individualistic in outlook, has more often than not served as a tool to propagate and preserve a people and their culture. After all, the family…

China to tighten clampdown on virtual currency mining

National Development and Reform Commission of China, on Friday said the country would step up its crackdown on virtual currency mining as part of the nation’s efforts to save energy…

China’s central bank rules all crypto transactions are illegal

China’s central bank on Friday said all financial transactions involving cryptocurrencies are illegal, sounding the death knell for the digital trade in China after a crackdown on the volatile currencies.…

Nigeria’s debt stock rises to N25.7 trillion

The nation’s debt profile rose from N24.95 trillion to N25.7 trillion in the last three months. One year ago, it was N22.38 trillion. The development showed that between April and…

China Road Bridge Collapses, Traps Cars Underneath

A highway bridge collapsed in Jiangsu province in eastern China on Thursday, state media said, trapping cars underneath in the rubble. The accident occurred around 6 pm local time (1000…