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Canada-China bilateral trade (March 2026)
$10.8B
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Imports
$7.2B
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Exports
$3.7B
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📋 Today's Briefing
China's missile buildup is a cause for concern, with nearly 40% of firms in the missile industry reporting record revenues, totaling $28 billion. This surge in industrial capacity and stockpile depth is a worrying sign of China's military intentions, particularly as it relates to Taiwan. Meanwhile, the Trump-Xi summit resulted in cautious progress and subtle win-wins. Both leaders maintained a status quo on Taiwan, with China emphasizing it as a core interest and the U.S. opposing unilateral action. This summit highlights the delicate balance between the two powers. Spanish Prime Minister Pedro Sánchez's fourth visit to China in four years also underscores the diplomatic efforts between the two countries. Sánchez's visit comes at a time when China is actively engaging with European leaders. The bottom line: China's missile buildup and its potential impact on Taiwan remain a critical issue to watch. The Trump-Xi summit's cautious progress and Sánchez's visit to China highlight the complex dynamics of global diplomacy. China Compass provides daily insights into Canada-China relations. Visit www.chinacompass.ca for more.
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🔔 Top Signals
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📈 economic
China ramps up missile buildup for a Taiwan war
Why it matters
China is accelerating its missile production and deployment, with a significant surge in industrial capacity and stockpile depth.
→ The PLARF’s arsenal has grown by almost 50% in four years, highlighting a decisive shift in military balance.
Asia Times
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🏛️ political
Trump-Xi summit’s cautious progress and subtle win-wins
Why it matters
After two-day talks in 2026, President Trump and Chinese leader Xi Jinping maintained status quo on Taiwan despite mutual rhetoric.
→ Both leaders signaled cautious cooperation without major breakthroughs.
Asia Times
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🤝 diplomatic
What to know as Sanchez makes his fourth visit to China in just four years
Why it matters
Spanish Prime Minister Pedro Sánchez delivers a speech during the inauguration of the Spain-China Business Meeting in Shanghai, China, on September 10, 2024.
→ Sanchez previously visited China in April 2025, September 2024, and March 2023.
CGTN
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📈 economic
2.8 billion, is KFC also up for sale?
Why it matters
KFC Author | Wang Tao Editor | Wu Ren Source | Rongzhong Finance Reuters reported that Jardine Matheson is planning to sell its operating assets related to fast food, which includes KFC and Pizza Hut stores in Hong Kong, Macau, Taiwan, Myanmar, and Vietnam, as well as the local pizza delivery brand PHD in Hong Kong.
→ Now, by actively listing these assets for sale, Jardine Matheson is essentially looking for takers to take over what they have built through their own hard work and efforts.
36Kr · 2026-05-17
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⚖️ legal
Jiang Wan 'an asked the DPP to delete the Taiwan independence platform? Shen Boyang: Eh! Isn't he a law student?
Why it matters
So where is his Shuangbei co-governance? Shen Boyang pointed out that there is already some cooperation between the city and the city, such as transportation and so on, but there will be competition between the city and the city, just like the competition between the famous schools, the two schools will get better and better, so we each put forward a vision of the city, and then together to make the city better, this is the most important purpose....
→ There is no way to reach an agreement on such a small matter.
Liberty Times
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📊 Market Snapshot
▲ Top Gainers
| WuXi Biologics |
HK$33.68 |
▲ +3.19% |
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| Tencent Holdings |
HK$456.40 |
▲ +0.33% |
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▼ Top Losers
| Haidilao |
HK$14.68 |
▼ -2.13% |
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| NetEase |
HK$179.00 |
▼ -2.56% |
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| Meituan |
HK$82.70 |
▼ -3.50% |
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💱 Currency Rates
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