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September 1, 2026

Daily Briefing β€” 2026-09-01

China Compass Daily Briefing

Β 
CHINA COMPASS
Briefing Β· 2026-09-01 Β· 25 signals
Canada-China bilateral trade (June 2026)
$11.4B
Imports
$7.4B
Exports
$4.0B
πŸ“‹ Today's Briefing

Trump's trade wars are pushing countries in the Global South towards closer economic ties with China, a new article in Asia Times warns. The article highlights how the U.S. dispute with Canada has created a fear that other nations, even allies, may face similar tariffs and pressures, prompting a shift towards China.

In other news, China's trade with ASEAN exceeded $1 trillion for the first time in 2025, a significant milestone for Beijing's economic diplomacy in the region. Meanwhile, an opinion piece in The National Post argues that Canada must not ignore the dangers of a Russia-China alliance, especially given recent strategic partnerships with China.

The bottom line: Trump's trade wars continue to shape global economic dynamics, pushing countries towards China. Canada must navigate these complex geopolitical tensions while also addressing the risks posed by a potential Russia-China alliance.

China Compass tracks the latest developments in Canada-China relations. Visit www.chinacompass.ca for more.

β—†
πŸ”” Top Signals
πŸ“¦ trade
Trump’s trade wars are making China’s Global South pitch easier
Why it matters
The article highlights how Trump's trade wars, exemplified by the dispute with Canada, are pushing countries in the Global South towards closer economic ties with China.
β†’ China is capitalizing on this trend by removing or reducing tariffs on imports from Africa and signing agreements to facilitate African exports.
Asia Times
🀝 diplomatic
China-ASEAN trade exceeds $1 trillion for the first time in 2025
Why it matters
BEIJING, Sept.
β†’ China has remained ASEAN's largest trading partner for 17 consecutive years, while ASEAN has been China's biggest trading partner for six successive years, noted China's Vice Minister of Commerce Yan Dong.
Xinhua
πŸ›‘οΈ military
Canada cannot trade away the danger of a Russia-China alliance: Marcus Kolga and Charles Burton in the National Post
Why it matters
The article argues that Canada cannot ignore the dangers of a Russia-China alliance, especially in light of recent strategic partnerships with China.
β†’ Canada must consider these risks when deciding on trade policies.
Macdonald-Laurier Institute
πŸ“¦ trade
Xi Jinping Publishes Signed Article in Egyptian Media
Why it matters
Cairo, Sept.
β†’ An artifact from China unearthed at the Faustite site in Egypt bears witness to the close ties and deep friendship between the two peoples since ancient times....
State Council Β· 2026-09-01
πŸ›‘οΈ military
Advancing into the mudslide disaster area of Jilong, Tibet - witnessed the rescue scene of officers and soldiers of the People's Liberation Army and the Armed Police Force
Why it matters
His and his comrades-in-arms' task that day was to coordinate with the rescue forces of all parties, promote the snatching of damaged roads, and open up rescue routes to the affected sites.
β†’ Wherever the danger is, we will go." Security guard Li Jinchong told reporters....
Xinhua Β· 2026-09-01
β—†
πŸ“Š Market Snapshot
β–² Top Gainers
ICBC HK$7.68 β–² +1.52%
WuXi Biologics HK$49.48 β–² +1.31%
Bank of China HK$5.97 β–² +1.27%
β–Ό Top Losers
SMIC HK$68.85 β–Ό -2.69%
Meituan HK$76.65 β–Ό -2.85%
JD.com HK$108.60 β–Ό -3.21%
πŸ’± Currency Rates
USD/CNY 6.72 β–Ό -0.06%
CAD/CNY 4.85 β–² +0.15%
USD/CAD 1.39 β–Ό -0.23%
View Full Briefing β†’
China Compass
Daily Canada-China updates by Aerial Capital Inc.
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