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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
Canada-China relations remain stable, with the Tension Index dropping to 3.6/10. Bilateral trade reached $11.3B in November 2025, with a trade deficit of $3.3B favoring China. The State Council of China has taken a proactive approach to a fatal explosion in Shanxi Province, overseeing an investigation and launching a nationwide inspection campaign. This incident highlights the importance of safety regulations and their enforcement.
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🔔 Top Signals
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💻 technology
State Council to oversee probe into fatal explosion in N China's Shanxi Province
Why it matters
The State Council Work Safety Committee will oversee an investigation into a fatal explosion at a biotech company workshop in Shuozhou, Shanxi Province, China.
→ A nationwide inspection campaign is also underway to address illegal production sites with hazardous chemicals.
Xinhua
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🏛️ political
China again urges Takaichi to withdraw wrongful remarks on Taiwan after Japan's general election
Why it matters
China has urged Japanese Prime Minister Sanae Takaichi to retract his remarks regarding Taiwan after Japan's ruling coalition won a majority in the recent general election, calling for concrete actions to demonstrate Japan's sincerity in maintaining its political foundation with China.
→ China has urged Japanese Prime Minister Sanae Takaichi to retract his remarks regarding Taiwan after Japan's ruling coalition won a majority in the recent general election, calling for concrete actions to demonstrate Japan's sincerity in maintaining its political foundation with China.
Xinhua · 2026-02-09
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💻 technology
China looms behind Takaichi's historic win in Japan election
Why it matters
Summary: Sanae Takaichi, Japanese Prime Minister, won a landslide victory in the election with an overwhelming majority.
→ Despite this, Japan-China relations remain tense, partly due to ongoing criticisms from Beijing.
Nikkei Asia
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🛡️ military
Chinese drone for anti-submarine warfare among systems at Saudi defence show
Why it matters
Chinese drone Wing Loong-X, designed for anti-submarine warfare, made its first appearance in the Middle East at Saudi Arabia's defense show.
→ Developed for export markets, it offers long endurance and high range compared to manned aircraft like the US Navy P-8.
SCMP
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🏛️ political
Takaichi wins election landslide amid China dispute
Why it matters
Summary: Japanese Prime Minister Sanae Takaichi won a landslide election victory with the Liberal Democratic Party securing 316 seats in the lower house of parliament, nearly tripling the previous largest party's share.
→ The victory was driven by promises to cut taxes and increase defense spending amidst tensions with China.
SCMP
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📊 Market Snapshot
▲ Top Gainers
| Ping An Insurance |
HK$73.00 |
▲ +4.89% |
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▼ Top Losers
| China Petroleum |
HK$5.33 |
▼ -0.37% |
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| Meituan |
HK$91.05 |
▼ -0.38% |
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💱 Currency Rates
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