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April 26, 2026

Daily Briefing — 2026-04-26

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CHINA COMPASS
Briefing · 2026-04-26 · 17 signals
Canada-China bilateral trade (February 2026)
$9.6B
Imports
$6.3B
Exports
$3.3B
📋 Today's Briefing

China has taken a strong stance against the EU's inclusion of Chinese companies in its latest sanctions package against Russia. The Ministry of Commerce spokesperson expressed firm opposition, emphasizing China's dissatisfaction with the EU's decision despite repeated representations and objections.

In other news, Vietnam's top leader, To Lam, concluded a four-day state visit to China. Both leaders affirmed the strategic importance of their bilateral relationship. Meanwhile, Russia's Arctic ambitions and their impact on China's geopolitical leverage are under scrutiny. Moscow's actions suggest a potential shift in the Northern Sea Route's international accessibility.

The bottom line: China's opposition to the EU sanctions highlights the potential for escalating tensions between the two economic powers. The visit by Vietnam's leader to China strengthens regional alliances, while Russia's Arctic moves could impact China's geopolitical strategies.

China Compass tracks daily Canada-China signals. Visit www.chinacompass.ca for more.

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🔔 Top Signals
🏛️ political
China firmly opposes the EU's Russia-related sanctions targeting Chinese firms.
Why it matters
Beijing, April 25 (Xinhua) -- China is strongly dissatisfied with and firmly opposes the European Union (EU) 's move to include Chinese companies in its 20th package of sanctions against Russia, despite China's repeated representations and objections, a spokesperson for the Ministry of Commerce said on Saturday.
Xinhua · 2026-04-25
🤝 diplomatic
Vietnam’s Top Leader Concludes 4-Day State Visit to China
Why it matters
Meeting in Beijing, To Lam and Xi Jinping declared that they view the bilateral relationship "as a strategic choice of overarching and long-term significance.
The Diplomat
🛡️ military
How China’s Arctic Ambitions Inflate Russia’s Geopolitical Leverage
Why it matters
Russia’s law suggests that Moscow is not preparing the Northern Sea Route for international use.
→ It may instead be profiting from a misplaced expectation.
The Diplomat
📈 economic
36Kr Exclusive | Only Two Worldwide, China’s Only Producer of Micron-Level Magnetic Levitation Carpet, Already Mass Produced
Why it matters
Author Ou Xue Editor Yuan Si Lai In the traditional factory, the assembly line looks like a train fixed to the railway - efficient but stiff.
→ Each of the motors itself is also a natural six-dimensional force sensor....
36Kr · 2026-04-26
📈 economic
Geocultural forces reshaping China’s economic map
Why it matters
Guangdong, a pioneer in export-led manufacturing, remains significant but has seen its dominance diminish.
→ Meanwhile, Zhejiang's rise indicates growing importance in innovation and entrepreneurship, aligning with national plans focused on emerging technologies like AI and robotics.
Asia Times
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📊 Market Snapshot
▲ Top Gainers
SMIC HK$64.30 ▲ +10.01%
XPeng Inc HK$64.20 ▲ +3.38%
PetroChina HK$11.33 ▲ +2.07%
▼ Top Losers
ANTA Sports HK$83.45 ▼ -0.83%
NetEase HK$170.90 ▼ -0.87%
WuXi Biologics HK$33.52 ▼ -1.18%
💱 Currency Rates
USD/CNY 6.84 ▲ +0.14%
CAD/CNY 5.00 ▲ +0.35%
USD/CAD 1.37 ▼ -0.22%
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China Compass
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