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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
The Canada-China tension index eased to 2.6/10, as Panama successfully navigated US-China tensions over the Panama Canal. Meanwhile, the US House of Representatives passed a resolution to prevent tariffs on Canada, a positive sign for bilateral trade. However, the trade balance remains in China's favour, with a $3.3 billion CAD deficit. Canada's vulnerability to Beijing's leverage through economic integration is a concern, as highlighted by Stephen Nagy in the Hamilton Spectator.
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🔔 Top Signals
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📈 economic
Panama successfully navigates US–China tensions over canal
Why it matters
Panama successfully navigated the tension between the US and China over the Panama Canal by accommodating Washington’s demands while avoiding criticism from Beijing.
Nikkei Asia
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🏛️ political
A simple test for Canada-China trade: Stephen Nagy in the Hamilton Spectator
Why it matters
This article discusses Canada's trade relationship with China, focusing on the potential leverage Beijing may use through increased economic integration.
→ The article suggests that any Canadian-China trade discussions should prioritize strengthening access to US markets and resilience at home over potential benefits from deeper economic engagement with China.
Macdonald-Laurier Institute
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👥 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 through red envelope campaigns during Chinese New Year.
→ This competition sparked memes such as "so tired I want to cry" among employees dealing with the unexpected surge in business.
Sixth Tone
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👥 social
Mainland officials extend greetings to Taiwan compatriots ahead of Chinese New Year.
Why it matters
Chinese Affairs Office Director Song Tao extended新春祝福 to Taiwan compatriots before the Spring Festival, emphasizing that he would continue pushing for economic cooperation and mutual development between the two shores.
→ At celebrations held in Fuzhou, Fujian during the Spring Festival, Taiwanese businesspeople and other Taiwan compatriots expressed their gratitude to mainland China’s long-term关怀and support, calling it the best investment destination, and committed to maintaining peaceful coexistence across the straits, contributing to the peaceful development of cross-strait relations.
Xinhua
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📦 trade
The U.S. House of Representatives passes resolution: To prevent tariffs on Canada.
Why it matters
The House of Representatives passed a resolution to block tariffs on Canada, with a vote of 219 in favor and 211 against.
→ The resolution needs to be reviewed by the Senate, but revoking President Trump’s declaration of a national emergency would require support from Trump himself.
China News Service
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📊 Market Snapshot
▲ Top Gainers
| BYD Company |
HK$99.15 |
▲ +3.50% |
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| WuXi Biologics |
HK$41.40 |
▲ +3.45% |
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| XPeng Inc |
HK$70.35 |
▲ +1.88% |
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▼ Top Losers
| JD.com |
HK$109.80 |
▼ -0.18% |
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| Alibaba Group |
HK$160.10 |
▼ -0.25% |
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| Tencent Holdings |
HK$548.00 |
▼ -0.54% |
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💱 Currency Rates
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