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February 15, 2026

Daily Briefing — 2026-02-15

China Compass Daily Briefing

 
CHINA COMPASS
Briefing · 2026-02-15 · 15 signals
Canada-China bilateral trade (November 2025)
$11.3B
Imports
$7.3B
Exports
$4.0B
📋 Today's Briefing

Chinese Foreign Minister Wang Yi has expressed a willingness to work with Canada for the healthy and stable development of bilateral ties. This statement comes after Canadian Prime Minister Mark Carney's visit to China, which has resulted in a new strategic partnership. The move is seen as a positive step towards strengthening Canada-China relations.

In other news, a drone light show was staged in Hong Kong to celebrate the upcoming Chinese New Year. This event, organized by Xinhua, is a unique way to mark the occasion and engage the public. Additionally, Wang Yi met with German Chancellor Merkel, where he expressed China's desire to elevate its relationship with Germany to a new level, as part of Europe's efforts to reduce reliance on China and the US.

The bottom line: China's diplomatic efforts towards Canada and Europe signal a proactive approach to international relations. The drone light show in Hong Kong showcases China's innovative ways of engaging its citizens and celebrating cultural events.

◆
🔔 Top Signals
🤝 diplomatic
FM ready to work with Canada for healthy, stable development of ties
Why it matters
Chinese Foreign Minister Wang Yi stated that China is prepared to cooperate with Canada to ensure healthy, stable, and sustainable bilateral ties.
→ Both sides agreed on promoting exchanges and cooperation in various fields to enhance relations.
Xinhua
👥 social
Drone light show staged in Hong Kong to mark upcoming Chinese New Year
Why it matters
A drone light show was staged in Hong Kong on February 14, 2026, to mark the approaching Chinese New Year.
Xinhua
🤝 diplomatic
Beijing's foreign minister says China seeks "a new level" in its ties with Germany.
Why it matters
Chinese Foreign Minister Wang Yi, when meeting with German Chancellor Merkel at the Munich Security Conference, stated that Beijing hopes to elevate its bilateral relationship with Germany to a "new level." As part of Europe's efforts to reduce reliance on China and the United States, Wang Yi attempted to showcase Beijing as a reliable partner for the EU.
→ Both sides hope to raise their “comprehensive strategic partnership” to a new stage.
Hong Kong Free Press
💻 technology
Capitalism with Chinese Characteristics
Why it matters
Summary: In 1960s China, Chen Boda proposed focusing on electronics to industrialize the nation.
→ Despite his failure with electronics, Ren Zhengfei, another engineer who rose through military ranks without initial political influence, would later found Huawei, one of the world's leading tech companies.
ChinaFile
📈 economic
U.S. reaches trade deal with Taiwan to lower tariffs
Why it matters
This deal is significant because the U.S.
→ Vice-Premier Li-chiun Cheng and Government Minister Jen-ni Yang attended the signing under auspices of the American Institute in Taiwan and Taipei Economic and Cultural Representative Office in the United States.
Globe and Mail
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📊 Market Snapshot
▲ Top Gainers
Haidilao HK$17.15 ▲ +3.13%
ANTA Sports HK$84.25 ▲ +0.90%
SMIC HK$70.35 ▲ +0.79%
▼ Top Losers
Meituan HK$82.15 ▼ -3.18%
WuXi Biologics HK$40.00 ▼ -3.24%
CNOOC HK$24.24 ▼ -3.50%
💱 Currency Rates
USD/CNY 6.90 ▲ +0.04%
CAD/CNY 5.07 ▼ -0.44%
USD/CAD 1.36 ▲ +0.05%
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China Compass
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