American soybean farmers are facing one of their toughest seasons in decades after losing access to their biggest customer, China. Despite trade missions to Nigeria, Vietnam, and Bangladesh, these alternative markets have not come close to replacing Beijing’s enormous demand. For the first time in more than 20 years, Chinese buyers have not purchased soybeans …
The world’s tallest bridge, the Huajiang Grand Canyon Bridge, has been officially opened to traffic in southwest China’s Guizhou Province, marking a major milestone in the country’s fast-growing infrastructure network. Standing 625 meters above the Beipan River and stretching nearly 3 kilometers, the bridge cuts travel time across the canyon from two hours to just …
The Chinese Ambassador to Nigeria, Yu Dunhai, has announced plans by Chinese companies to establish Africa’s first local insulin production facility in Nigeria. Speaking in Abuja on Wednesday during a reception marking the 76th anniversary of the founding of the People’s Republic of China, Yu said the project would transform diabetes management in the country …
China has accelerated purchases of Argentine soybeans, booking about 20 cargoes, or 1.3 million tons, since Buenos Aires scrapped export taxes earlier this week, traders said on Wednesday. The surge makes Argentine beans more competitive and continues to erode U.S. market share, already hit by tariffs from the ongoing U.S.-China trade war. Most of the …
Chinese President Xi Jinping warned the world is facing a choice between peace and war during a massive military parade in Beijing on Wednesday. For the first time, Russia’s Vladimir Putin and North Korea’s Kim Jong Un joined Xi in a public show of force. The event marked 80 years since Japan’s defeat in World …
By Esther Ososanya Nvidia and AMD have agreed to give the U.S. government 15% of revenue from sales to China of advanced computer chips, a U.S. official said on Sunday, in an unusual move likely to unsettle U.S. companies. U.S. President Donald Trump's administration halted sales of H2O chips to China in April, but Nvidia …
By Esther Ososanya U.S. President Donald Trump has granted Mexico a crucial 90-day reprieve from sweeping new tariffs, offering a temporary lifeline for one of America’s biggest trading partners while ramping up pressure on other countries to strike last-minute deals ahead of a new trade deadline. The extension announced after a Thursday morning call between …
