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March 29, 2026

Daily Briefing — 2026-03-29

China Compass Daily Briefing

 
CHINA COMPASS
Briefing · 2026-03-29 · 11 signals
Canada-China bilateral trade (January 2026)
$9.7B
Imports
$6.9B
Exports
$2.8B
📋 Today's Briefing

China's zero-tariff policy for 53 African countries has boosted confidence in bilateral trade, with a forum in Cape Town highlighting the potential for deeper cooperation. This move could reshape global trade dynamics, particularly for Canada, which has been seeking to diversify its trade partners.

In other news, China's digital consumption by residents reached an impressive 25.3 trillion yuan in 2025, indicating a robust digital economy. Additionally, the 15th Five-Year Plan emphasizes support for Taiwan residents living on the mainland, fostering closer economic ties and equal treatment policies.

The bottom line: China's diplomatic and economic moves signal a proactive approach to international relations, which may impact Canada's strategic interests. Stay tuned to China Compass for the latest insights.

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🔔 Top Signals
🤝 diplomatic
Zero-tariff move boosts confidence in China-South Africa trade ties.
Why it matters
A China-South Africa trade forum was held in Cape Town on Friday, with participants expressing confidence in deeper bilateral trade cooperation following China's zero-tariff measures for 53 African countries.
Xinhua
💻 technology
China's residents' digital consumption scale reached 25.3 trillion yuan in 2025.
Why it matters
Digital services and offline consumption have grown significantly, reaching 12.5% and 13.8%, respectively, serving as the primary drivers.
→ Digital technologies are widely applied in fields such as culture and tourism and healthcare, driving the creation of new scenarios while also improving related systems to build a safe and inclusive consumption environment.
State Council · 2026-03-29
🛡️ military
China Focus: High confidence among Taiwan people on mainland under new five-year plan
Why it matters
China's 15th Five-Year Plan highlights support for Taiwan residents living on the mainland China, emphasizing economic cooperation across the Strait, including building demonstration zones for integrated development and fostering closer industrial ties.
→ It also stresses equal treatment policies ensuring that Taiwan people receive benefits akin to local residents in areas such as education and healthcare, supporting peaceful development of cross-Strait relations and integration efforts.
Xinhua
🏛️ political
Chinese FM says US and Iran should be encouraged to resume negotiations.
Why it matters
Chinese Foreign Minister Wang Yi encouraged both the United States and Iran to resume negotiations on the Iranian nuclear issue.
→ Wang highlighted China's position that the issue should be resolved through dialogue rather than force, emphasizing the importance of upholding global nuclear non-proliferation norms and ensuring...
CGTN
📈 economic
Focusing on three strategic priorities, China Life Insurance has painted a new for high-quality development through transformation and upgrading.
Why it matters
Summary: On March 26, China Taiping released its 2025 annual performance report, showing a year-on-year growth of 7.7% in total operating revenue and a 19.0% increase in net profit attributable to shareholders.
→ Not only did these three strategies enhance performance growth, but they also demonstrated the company's responsibility in areas such as social security, digital transformation, and cross-border services.
China News Service
◆
📊 Market Snapshot
▲ Top Gainers
Haidilao HK$14.59 ▲ +4.89%
BYD Company HK$106.50 ▲ +3.70%
WuXi Biologics HK$32.36 ▲ +2.60%
▼ Top Losers
CNOOC HK$29.06 ▼ -0.55%
Baidu HK$108.40 ▼ -0.91%
Meituan HK$85.90 ▼ -0.92%
💱 Currency Rates
USD/CNY 6.91 ▲ +0.14%
CAD/CNY 4.99 ▼ -0.13%
USD/CAD 1.39 ▲ +0.29%
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China Compass
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