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February 12, 2026

Daily Briefing — 2026-02-12

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CHINA COMPASS
Briefing · 2026-02-12 · 46 signals
Canada-China bilateral trade (November 2025)
$11.3B
Imports
$7.3B
Exports
$4.0B
📋 Today's Briefing

Canada-China relations remain tense, with a Tension Index of 5.3/10, an increase of +1.9. The day's top story highlights the ongoing dispute over Taiwan's sovereignty, as China's Foreign Ministry spokesperson emphasized Taiwan's status as an inherent part of Chinese territory. This comes in response to Taiwanese President Lai Ching-te's comments suggesting China's potential expansion beyond Taiwan.

The trade balance between the two countries continues to favor China, with imports from China totaling $7.3B CAD and exports to China reaching $4.0B CAD, resulting in a trade deficit of $3.3B CAD for Canada. This trade imbalance is a key concern for Canada's economic relationship with China.

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🔔 Top Signals
👥 social
Taiwan Province's spokesperson stated that Li Cheng-te's remarks cannot alter the fact that Taiwan is part of China.
Why it matters
Lai Ching-te’s comments cannot change the historical and legal fact that Taiwan is an inherent part of Chinese territory, a statement by Foreign Ministry spokespersons emphasized.
→ Furthermore, they highlighted that “Taiwan Independence” is the fundamental reason for instability in cross-strait relations.
Xinhua
🏛️ political
A simple test for Canada-China trade: Stephen Nagy in the Hamilton Spectator
Why it matters
This article discusses Canada's relationship with China, emphasizing the importance of assessing vulnerability due to Canada's close proximity to the United States.
→ The piece cites the example of Australia’s report on coercive diplomacy by China, warning against assuming normal trading behavior from Beijing.
Macdonald-Laurier Institute
👥 social
Mainland authorities extend新春祝福to Taiwan compatriots ahead of Chinese New Year.
Why it matters
China's top Taiwan affairs official Song Tao extended festive greetings to Taiwan compatriots ahead of Chinese New Year, emphasizing efforts towards economic cooperation and development between the two sides of the Taiwan Strait.
→ Compatriots from both sides expressed gratitude to the mainland and their confidence in...
Xinhua
🤝 diplomatic
The Philippines Rebuffs China Over Travel Ban on Kalayaan Officials
Why it matters
The spokesperson for Philippine Foreign Secretary Escalona criticized China's decision to exclude 16 Biocao officials, including the mayor and vice mayor, from entering China and its controlled areas.
→ Biocao is an autonomous town on Palawan Island, known as Kalayaan.
SCMP
💻 technology
China condemns Lai after interview on Taiwan's neighbors being 'next'
Why it matters
China condemned Taiwanese President Lai Ching-te for suggesting that if Beijing annexed Taiwan, it would then target Japan and other countries in the Indo-Pacific region.
→ Lai made this statement during an interview with French news agency AFP.
Nikkei Asia
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📊 Market Snapshot
▲ Top Gainers
China Petroleum HK$5.66 ▲ +2.72%
CNOOC HK$25.12 ▲ +1.29%
PetroChina HK$9.46 ▲ +0.85%
▼ Top Losers
Tencent Holdings HK$535.50 ▼ -2.28%
Baidu HK$140.10 ▼ -2.91%
Haidilao HK$16.63 ▼ -3.37%
💱 Currency Rates
USD/CNY 6.90 ▼ -0.15%
CAD/CNY 5.09 ▼ -0.26%
USD/CAD 1.36 ▲ +0.10%
View Full Briefing →
China Compass
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