Nigeria is expanding its trade and investment relationship with China with a bilateral local currency swap deal worth 720 billion naira. But while this a positive development, it is not without some downsides.
Updated 2 Years ago

The Philippines is not yet ready for new military alliances, but in the wake of disagreements with the US, will cooperate with “new friends” Russia and China to make the world a more peaceful place.
Updated 3 Years ago

A Donald Trump presidency does not mean the United States will withdraw from the South China Sea, but rather will continue pursuing "regional hegemony", Chinese academics who drafted a report for an influential government think tank said on Friday.
Updated 3 Years ago

Alibaba’s Single’s Day, the world’s largest online sales event, came roaring out of the blocks to register $1 billion in sales in its first five minutes on Friday morning China time. Within two hours it had reaped $7.2 billion in sales—already half of the 24-hour sale’s total $14.3 billion haul last year.
Updated 3 Years ago

Historically one of the staunchest US allies, the Philippines is pivoting to China, as President Rodrigo Duterte prepares for his first state visit to Beijing, and has proposed not just an economic, but a military partnership with the country’s giant neighbour.
Updated 3 Years ago

Philippines President Rodrigo Duterte has reiterated his intention to distance his country from the US, its former colonial master, saying he is about to pass “the point of no return” with the US.
Updated 3 Years ago

Japan has announced plans to increase joint military activities with allies in South East Asia to counter Chinese dominance around disputed reefs in the East China and South China Seas. This includes deeper engagement with the US Navy’s “training cruises.”
Updated 3 Years ago

The Philippines will pursue “independent” foreign and military policies separate from US interests in the region, the country’s president said, announcing that in order to avoid any confrontations with China he would halt joint Filipino navy patrols with the US.
Updated 3 Years ago

Countries across the world have responded to North Korea’s fifth nuclear test, which Pyongyang confirmed earlier on Friday. China has urged restraint, while Washington has warned of “serious consequences.”
Updated 3 Years ago

North Korea on Monday fired three suspected medium-range Rodong missiles that travelled about 1,000 kilometers (620 miles) and landed near Japan in an apparent show of force timed to the G-20 economic summit in China, Seoul officials said.
Updated 3 Years ago