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February 12, 2026

Daily Briefing — 2026-02-12

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CHINA COMPASS
Briefing · 2026-02-12 · 33 signals
Canada-China bilateral trade (November 2025)
$11.3B
Imports
$7.3B
Exports
$4.0B
📋 Today's Briefing

Canada-China relations saw a notable shift today as the US House of Representatives passed a resolution to block tariffs on Canada, signaling a potential thaw in trade tensions. This move comes as the two countries navigate complex geopolitical dynamics, with Panama offering a model for balancing US-China relations through its handling of the Panama Canal dispute.

The tension index dipped to 2.5/10, indicating a moderate level of tension. Canada's trade balance with China remains in deficit, with imports totaling $7.3 billion CAD and exports reaching $4.0 billion CAD in November 2025. The total bilateral trade for that month was $11.3 billion.

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🔔 Top Signals
📈 economic
Panama successfully navigates US–China tensions over canal
Why it matters
Panama has navigated the tensions between the US and China over the Panama Canal by accommodating Washington's demands while avoiding criticism from Beijing.
→ This approach could serve as a model for other small nations in handling similar geopolitical challenges.
Nikkei Asia
🏛️ political
A simple test for Canada-China trade: Stephen Nagy in the Hamilton Spectator
Why it matters
Summary: Stephen Nagy's article in Hamilton Spectator highlights concerns about Canada-China economic relations, particularly through Beijing's use of trade as leverage for geopolitical purposes.
→ He cites Canada’s geography and strategic ties to the US, suggesting caution in deepening reliance on China without expecting concessions from its dominant ally.
Macdonald-Laurier Institute
👥 social
‘So Tired I Want to Cry’: China’s AI Subsidy War Swamps Shops
Why it matters
China's tech giants are promoting AI assistants using billions in subsidies through "red envelope" promotions.
→ The rapid influx overwhelmed servers and physical shops, causing chaos with long queues of orders and staff struggling to manage the sudden demand, leading to complaints about being "so tired I want to cry.".
Sixth Tone
👥 social
Mainland authorities extend新春 greetings to Taiwanese compatriots ahead of Chinese New Year.
Why it matters
China's top Taiwan affairs official Song Tao extended festive greetings ahead of Chinese New Year to Taiwan compatriots, reaffirming commitment to economic cooperation between the two sides (两岸).
→ He called on Taiwan compatriots to oppose "Taiwan independence" and promote national reunification, while...
Xinhua
📦 trade
The House of Representatives passes a resolution: To prohibit tariffs on Canada.
Why it matters
The House of Representatives passed a resolution to block tariffs on Canada, with 219 votes in favor and 211 against.
→ The resolution must be sent to the Senate for审议, but repeal of the tariffs implemented by Trump requires his support.
China News Service
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📊 Market Snapshot
▲ Top Gainers
BYD Company HK$99.15 ▲ +3.50%
WuXi Biologics HK$41.40 ▲ +3.45%
XPeng Inc HK$70.35 ▲ +1.88%
▼ Top Losers
JD.com HK$109.80 ▼ -0.18%
Alibaba Group HK$160.10 ▼ -0.25%
Tencent Holdings HK$548.00 ▼ -0.54%
💱 Currency Rates
USD/CNY 6.91 ▲ +0.02%
CAD/CNY 5.09 ▼ -0.14%
USD/CAD 1.36 ▲ +0.17%
View Full Briefing →
China Compass
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