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Tension Index
1.2
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Low
▼ -2.8 from previous
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Canada-China bilateral trade (November 2025)
$11.3B
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Imports
$7.3B
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Exports
$4.0B
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📋 Today's Briefing
Why it matters: Canada is seeking to deepen cooperation with China in the electric vehicle (EV) sector, as it unveils its EV strategy. This move comes at a time when the country's trade balance with China is in deficit, with imports exceeding exports by $3.3 billion CAD in November 2025. The bottom line: Canada's EV strategy could be a game-changer for its economic relationship with China. By leveraging China's expertise and resources in the EV industry, Canada can boost its exports and potentially narrow the trade gap. However, it remains to be seen how this cooperation will unfold and whether it will lead to a more balanced trade relationship.
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🔔 Top Signals
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👥 social
Across China: Chinese scientists propose key factor in enhancing Qinghai-Tibet Plateau marsh ecological resilience
Why it matters
Chinese scientists have discovered that spatial self-organizing patterns in alpine marshes on the Qinghai-Tibet Plateau enhance their ecological resilience, stability, and productivity.
→ The research focused on 116 sites across eastern Tibet, encompassing various climatic and soil factors.
Xinhua · 2026-02-06
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💻 technology
Stung by Trump’s policies, German multinationals cautiously pivot towards China
Why it matters
German multinationals are increasingly investing in China due to declining confidence in US policies under President Trump, despite facing challenges such as intellectual property rights issues and competition.
→ A German business group survey found that nearly two-thirds of its members consider increased engagement with Chinese partners, though smaller firms remain cautious about the market's complexity.
SCMP
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📈 economic
Cuba scrambles to build Asian ties beyond China under US pressure
Why it matters
The Cuban government is rapidly diversifying its Asian ties as U.S.
→ Cuba faces challenges like blackouts and rising food and fuel prices under US influence.
Nikkei Asia
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🛡️ military
China’s ‘Starlink killer’ new cutting edge of microwave weapons
Why it matters
China has developed a new high-power microwave system that can generate up to 20 gigawatts of energy for up to 60 seconds.
→ They estimate that outputs above 1 gigawatt could disrupt or damage low-orbit satellites, posing a threat to satellite networks like Starlink's LEO constellation.
Asia Times
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💻 technology
CP Group-backed Muyuan eyes global expansion with $1.4bn Hong Kong listing
Why it matters
CP Group-backed Muyuan Foods raised $1.4 billion in a Hong Kong listing to fund global expansion, targeting Southeast Asia amid slowing demand in China.
→ CP Group-backed Muyuan Foods raised $1.4 billion in a Hong Kong listing to fund global expansion, targeting Southeast Asia amid slowing demand in China.
Nikkei Asia
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Market Snapshot
| Shanghai Composite |
4,065.58 |
▼ -0.25% |
| Shenzhen Component |
13,906.73 |
▼ -0.33% |
| Hang Seng |
26,559.95 |
▼ -1.21% |
| CSI 300 |
4,643.60 |
▼ -0.57% |
Currency Rates
| USD/CNY |
6.9383 |
▲ +0.0087% |
| CAD/CNY |
5.0693 |
▼ -0.1079% |
| USD/CAD |
1.3687 |
▲ +0.1288% |
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View Full Briefing →
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