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Canada-China bilateral trade (May 2026)
$11.9B
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Imports
$7.8B
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Exports
$4.1B
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📋 Today's Briefing
China's state media has issued a strong rebuke of the South China Sea arbitration award, calling it an invalid and outdated attempt by external powers to mediate in regional affairs. This statement, published by Xinhua, underscores Beijing's unwavering stance on the issue, a decade after the award was issued. In other news, the Montreal International Fireworks Competition, a cultural exchange event, brought together teams from Hungary, Italy, China, Canada, the US, and Australia. This annual event fosters international cooperation and showcases artistic talent. Additionally, Thailand's Prime Minister Anutin Charnvirakul will visit China, with President Xi Jinping set to attend the opening ceremony of the 2026 World AI Conference. The bottom line: China's stance on the South China Sea remains firm, and its diplomatic activities, including cultural exchanges and high-level visits, continue to shape its international relations. Keep an eye on the upcoming AI conference for potential technological collaborations. 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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🏛️ political
Xinhua Comment: The invalid South China Sea " arbitration" belongs in the dustbin of history
Why it matters
China's territorial sovereignty and maritime rights and interests in the South China Sea shall not be affected by the "award" under any circumstances.
→ China's position on the "South China Sea arbitration" has been clear, consistent, and firm.
Xinhua · 2026-07-13
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🏛️ political
Montreal International Fireworks Competition held in Canada
Why it matters
The 40th edition of the Montreal International Fireworks Competition was hosted by Montreal, Canada from July 2 to August 6, 2026.
→ Teams from Hungary, Italy, China, Canada, the United States, and Australia participated in the event.
Xinhua
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💻 technology
Regular Press Conference of Foreign Ministry Spokesperson Lin Jian on July 13, 2026
Why it matters
At the invitation of Premier Li Qiang of the State Council, Prime Minister Anutin Charnvirakul of the Kingdom of Thailand will pay an official visit to China from July 16 to 20.
→ Can you share more details?.
MFA China · 2026-07-13
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🏛️ political
The 18th Session of the China-Netherlands Joint Economic and Trade Committee Held in Beijing
Why it matters
On July 7, Minister of Commerce Wang Wentao and Minister of Foreign Trade and Development Cooperation Sjoerd Sjoerdsma of the Netherlands co-chaired the 18th session of the China-Netherlands Joint Economic and Trade Committee in Beijing.
→ Over the past few decades, the Netherlands and China have established a healthy and stable economic and trade relationship.
MOFCOM · 2026-07-13
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👥 social
In the first half of the year, national railway passenger volume reached 2.348 billion trips.
Why it matters
So far this year, China State Railway Group Co., Ltd.
→ In the first half of 2026, national rail sent a cumulative total of 2.348 billion passenger trips, up 5.0% year-on-year, setting a new historical record for the same period.
Xinhua · 2026-07-13
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📊 Market Snapshot
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| JD.com |
HK$113.20 |
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| PetroChina |
HK$9.25 |
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▼ Top Losers
| BYD Company |
HK$83.95 |
▼ -1.12% |
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💱 Currency Rates
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