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Wednesday, 08/05/2009 11:20:32 AM

Wednesday, August 05, 2009 11:20:32 AM

Post# of 361416
Nigeria, China Trade Volume Hits $7bn

From Chinwe Ochu in Abuja,

08.05.2009

http://www.thisdayonline.com/nview.php?id=150696


Special Representative of the Chinese Government on African Affairs, Ambassador Liu Guijin, has said that the total bi- lateral volume of trade between Nigeria and China is over $7 billion, making Nigeria China's fourth largest trade partner.
He said the few incidences involving citizens of the two countries should not affect the traditional bi- lateral relations between China and Nigeria.

Guijin stated this against the backdrop of accusations and counter- accusations between citizens of the two countries concerning the immigration raid in the city of Guangzhou in China.

He said that the two Nigerians who were involved in the crisis in June have been well treated by the Chinese authorities and will be handled according to the Chinese laws on that regard.

According to him, the decision on the fate of the Nigerians will be made known after the officials of the two countries would have met in September to discus immigration issues and other related issues.The Ambassador, who spoke to newsmen on Monday at the Chinese Embassy, and was visiting Nigeria for the second time in 14 months, said that the general perception that Nigerian businessmen are dubious is false as there are more law- abiding Nigerians in China than violators.“The two Nigerians that are behind the June incidences are okay and they were treated well in the Chinese hospitals.

Your ambassador to China personally visited them and in due course, their case will be handled according to the Chinese laws on that regard." For a Nigerian that defaults in laws in China, we adhere to the international laws concerning foreigners violating the law. In September, a Nigerian official will be meeting with their Chinese counterparts in China on the issues and other related issues, ” he disclosed.On the rise of substandard products from China, Guijin said that the government is firmly opposed to the trend of manufacturing substandard products for export and at a cheap price.






Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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