Business & Markets

Business & Markets

China market data, sector analysis, and Canada-China trade updates

Photo: Buonasera / CC BY-SA 3.0 / Wikimedia

China Market Indices

Shanghai Composite
3,882.41
-1.85%
Shenzhen Component
14,488.65
-1.97%
Hang Seng
25,008.60
+1.33%
CSI 300
4,698.43
-1.72%

Currency Rates

USD/CNY
6.7663
-0.0546%
CAD/CNY
4.8190
+0.0302%
USD/CAD
1.4040
-0.0804%

Market Signals

Economic Moderate
BBC China

Now more people around the world favor China over the US, Pew study suggests

Many people say China interferes less than the US in other countries, and the survey indicates [item] Published July 15, 2026: According to a new study by the Pew Research Center, China is now viewed more positively than the US in many countries around the world. The research center found that in 25 of the 36 countries, there were more people who had favorable views of China than of the US.

Ottawa's View

The results of this poll could have long-term implications for Canada's position in global trade and foreign policy. As more countries tilt towards China rather than the United States, Canada's international relations may become more complex. Particularly when it comes to the competition between the US and China in the North Pacific region, Canada will need to reassess its strategic options.

Beijing's View

The Chinese embassies abroad firmly support this research outcome reflecting the trend. This indicates that China's role and contribution in global affairs are gaining increasing recognition. Any attempt to interfere in other countries' internal affairs will be strongly condemned by the Chinese government and considered unfair and (violate international standards).

Economic Moderate
Hong Kong Free Press

'Like my lover': Chinese users say goodbye to AI companions as new regulations take effect

Chinese users of AI-powered companion bots have bid heart-wrenching farewells to their virtual buddies as national regulations took effect Wednesday aimed at curbing the risk of emotional dependency. A 2025 study by Common Sense Media found that nearly three in four American teenagers had used AI companions designed for personal conversations, like those available on platforms such as Character.AI, Replika, and Nomi.

Ottawa's View

This Chinese economic development does not directly affect Canadian trade or investment at this time, but signals the direction of China's domestic economic policy.

Beijing's View

Beijing authorities have expressed understanding and support for the new AI companion guidelines, emphasizing that these measures are aimed at protecting users from the risks of excessive emotional dependence. At the same time, Beijing officials also acknowledge the sentiments of users who may feel (sobs/reluctance), viewing this as a normal reaction in the process of technological development. They appeal to the public to view this change rationally and continue to uphold genuine interpersonal relationships.

Economic Moderate
Al Jazeera

Senior Chinese delegation visits North Korea for talks

China's fourth-highest-ranking official, Wang Huning, held talks in Pyongyang with a top North Korean Workers' Party official. This visit follows Chinese President Xi Jinping’s June trip to North Korea and aims to strengthen ties. Wang affirmed the commitment to implement agreements made during Xi and Kim Jong Un's recent summit, emphasizing cooperation in diplomacy, law enforcement, and military matters. Both sides discussed enhancing strategic communication and tactical cooperation, with China remaining North Korea’s largest economic partner.

Ottawa's View

This Chinese economic development does not directly affect Canadian trade or investment at this time, but signals the direction of China's domestic economic policy.

Beijing's View

The recent high-level exchange between China and North Korea, exemplified by Wang Huning's visit to Pyongyang, underscores Beijing's unwavering commitment to strengthening bilateral relations and upholding the principles of mutual support. This strategic move comes in the wake of President Xi Jinping’s visit to North Korea earlier this year, further solidifying ties that are crucial for regional stability. Such diplomatic engagements also reflect China's ongoing efforts to maintain its influence in Northeast Asia, countering external interference and reinforcing the One-China principle, which is essential for safeguarding national sovereignty and territorial integrity.

Technology Low
TMTPost

Apple's AI clearance is a pass, but it might have obtained an old ticket.

The article | emphasizes that Next Apple's Apple Intelligence (Apple AI) finally ushered in the whistle of admission. On July 15, the network information department announced a new batch of mobile phone side generative artificial intelligence service filing information, a total of seven products completed the filing, namely, Apple Intelligence, Huawei Xiaoyi AI, OPPO AndesGPT, vivo blue heart side big model, Xiaomi Pengpai AI, Samsung Galaxy AI and Nubian bean bag mobile phone big model. Ali then confirmed that Qianqian will participate in the Chinese version of Apple Intelligence, providing text understanding, image understanding, content generation and other capabilities. However, Qianqian is not the only underlying model for all of Apple's AI capabilities. According to people familiar with the matter, Apple's cooperation with Baidu focuses on AI search capabilities, which will also be used to upgrade the Chinese version of Siri voice assistant. In other words, the current division of labor is roughly: generative AI, Baidu search, and Siri. It is worth noting that Baidu has been Apple's Siri search service provider in mainland China for many years. However, filing solves the compliance qualification problem, which does not mean that the product is ready. It is reported that some of Apple Intelligence's image recognition functions still rely on Google's reverse image search, and Google-related services cannot be used normally in mainland China. This technical dependence needs to be further replaced with a local solution. So Apple still has a specific line of engineering to do....

Ottawa's View

This technology development is part of China's self-reliance drive. While not directly affecting Canada, it reflects the shifting competitive landscape in advanced technology sectors.

Beijing's View

Text | Emphasizing Next, Apple's Apple Intelligence (Apple AI) Finally Gets the Green Light to Enter the Market

Economic Low
Liberty Times

DBS Bank: AI Super Cycle Approaching Peak; Taiwan's Q4 Economic Growth Around 4%

Tie-Ying Ma, senior economist at DBS Group. (Photo by Reporter Wu Xintian) [Reporter Wu Xintian/Taipei Report] Ma Tieying, a senior economist at DBS Group, said today that the growth momentum of the AI supercycle has reached a peak. Between the second half of 2026 and 2027, the overall growth rate will gradually return to the normal track, and Taiwan's economy is expected to shift to a more sustainable growth track. Regarding the development prospects of AI, DBS Group said that at present, AI technology is growing from the first wave driven by generative AI to the next stage driven by proxy AI and physical AI. The scope of application also extends from content generation to a wider range of fields such as autonomous workflow, intelligent manufacturing and robotics. Read on... Despite the uncertainty around AI business models in the near term, governments, cloud service providers, and large enterprises will continue to support high capital expenditures due to the strategic need to maintain a competitive edge in global technology. However, the AI investment cycle also faces three major challenges, including commercialization and unknown profitability, the high dependence of infrastructure on external financing may face the risk of rising financing costs, and physical resource constraints such as power system stability and grid construction. DBS expects that the growth momentum of the AI supercycle is close to its peak, and the overall growth rate will gradually return to normal between the second half of 2026 and 2027. Taiwan's economy in the first half of 2026, driven by the AI super cycle, exports, investment and corporate activities remain hot....

Ottawa's View

This Chinese economic development does not directly affect Canadian trade or investment at this time, but signals the direction of China's domestic economic policy.

Beijing's View

(The photo was taken by journalist Wu Xintian) [Reported by Journalist Wu Xintian in Taipei] Senior economist Martin Ma of DBS Group said today that the growth momentum of the AI super cycle is peak. Starting from the second half of 2026 to 2027, overall growth speed will gradually return to a normal track. Taiwan's economy is expected to shift towards a more sustainable growth trajectory.

Sector Breakdown

Hang Seng TECH ETF

Hang Seng TECH ETF
10.17
+1.85%

ChiNext Composite

ChiNext Composite
3,692.46
+0.00%

SSE 50

SSE 50
2,904.12
+0.00%

Shenzhen 100

Shenzhen 100
6,360.40
+0.00%

SPDR Gold Trust

SPDR Gold Trust
2,905.00
+0.35%

CSI 500

CSI 500
7,955.66
+0.00%

Top Movers

Gainers

Name Price (CNY) Change
XPeng Inc HK$56.55 +7.61%
BYD Company HK$90.95 +4.60%
Meituan HK$87.20 +4.56%
Haidilao HK$11.87 +4.40%
Alibaba Group HK$116.90 +3.09%

Losers

Name Price (CNY) Change
ANTA Sports HK$73.80 +0.07%
CNOOC HK$22.88 -0.09%
WuXi Biologics HK$39.32 -0.56%
PetroChina HK$9.47 -0.73%
SMIC HK$75.20 -1.44%

Regulatory Actions

Legal Moderate
市监总局 ·July 16, 2026

A technical trade measures workshop of the national market supervision and administration system was held in Wuhan.

On July 15, a technical trade measures work conference of the national market supervision system was held in Wuhan, Hubei Province. Guided by Xi Jinping's Thought on Socialism with Chinese Characteristics for a New Era, the meeting thoroughly implemented the spirit of the 20th National Congress and the successive plenary sessions of the 20th Central Committee of the Communist Party of China, and earnestly followed the requirements of the national market supervision work conference. The meeting summarized achievements, analyzed current situations, and deployed key tasks. Zhang Siwei, a member of the Standing Committee of the State Administration for Market Regulation (SAMR) and deputy director-general as well as director of the National Certification and Accreditation Administration (CNCA), attended the meeting and delivered a speech. Hu Yabao, vice governor of the Hubei Provincial People's Government, also attended and delivered an opening address. The conference pointed out that last year, the market supervision system deeply implemented General Secretary Xi Jinping's important instructions and comments, united in collaboration and fulfilled their duties, achieving practical results in improving work systems, enhancing corporate response capabilities, and serving industrial development. The conference emphasized that at all levels of the market supervision departments, they should thoroughly implement the decisions and plans of the central authorities, firmly establish and practice the correct concept of achievements. They should raise political awareness, enhance a sense of the overall situation, deeply recognize the important role of technical trade measures work in serving high-level opening-up and promoting the construction of a quality power. They need to fully leverage the advantages of market supervision functions by taking more concrete actions to continuously improve corporate response capabilities, making greater breakthroughs in enhancing the compliance level of industrial chains, and actively shaping international economic and trade rules and standards.

Ottawa's View

This is an internal Chinese governance matter with no direct implications for Canada. It provides context on China's political and institutional direction.

Beijing's View

As the country's capital and science and technology innovation center, Beijing plays an important role in the work of technical trade measures. According to the contents of the meeting, the Beijing Municipal Market Supervision Department actively summarized its experience, strengthened its response strategies, and planned to contribute to improving the compliance level of the industrial chain and shaping international economic and trade rules, reflecting its determination to promote high-level opening up and high-quality development.

Economic Moderate
Hong Kong Free Press

'Like my lover': Chinese users say goodbye to AI companions as new regulations take effect

Chinese users of AI-powered companion bots have bid heart-wrenching farewells to their virtual buddies as national regulations took effect Wednesday aimed at curbing the risk of emotional dependency. A 2025 study by Common Sense Media found that nearly three in four American teenagers had used AI companions designed for personal conversations, like those available on platforms such as Character.AI, Replika, and Nomi.

Ottawa's View

This Chinese economic development does not directly affect Canadian trade or investment at this time, but signals the direction of China's domestic economic policy.

Beijing's View

Beijing authorities have expressed understanding and support for the new AI companion guidelines, emphasizing that these measures are aimed at protecting users from the risks of excessive emotional dependence. At the same time, Beijing officials also acknowledge the sentiments of users who may feel (sobs/reluctance), viewing this as a normal reaction in the process of technological development. They appeal to the public to view this change rationally and continue to uphold genuine interpersonal relationships.

Economic Moderate
Al Jazeera

Senior Chinese delegation visits North Korea for talks

China's fourth-highest-ranking official, Wang Huning, held talks in Pyongyang with a top North Korean Workers' Party official. This visit follows Chinese President Xi Jinping’s June trip to North Korea and aims to strengthen ties. Wang affirmed the commitment to implement agreements made during Xi and Kim Jong Un's recent summit, emphasizing cooperation in diplomacy, law enforcement, and military matters. Both sides discussed enhancing strategic communication and tactical cooperation, with China remaining North Korea’s largest economic partner.

Ottawa's View

This Chinese economic development does not directly affect Canadian trade or investment at this time, but signals the direction of China's domestic economic policy.

Beijing's View

The recent high-level exchange between China and North Korea, exemplified by Wang Huning's visit to Pyongyang, underscores Beijing's unwavering commitment to strengthening bilateral relations and upholding the principles of mutual support. This strategic move comes in the wake of President Xi Jinping’s visit to North Korea earlier this year, further solidifying ties that are crucial for regional stability. Such diplomatic engagements also reflect China's ongoing efforts to maintain its influence in Northeast Asia, countering external interference and reinforcing the One-China principle, which is essential for safeguarding national sovereignty and territorial integrity.

Technology Low
TMTPost

Apple's AI clearance is a pass, but it might have obtained an old ticket.

The article | emphasizes that Next Apple's Apple Intelligence (Apple AI) finally ushered in the whistle of admission. On July 15, the network information department announced a new batch of mobile phone side generative artificial intelligence service filing information, a total of seven products completed the filing, namely, Apple Intelligence, Huawei Xiaoyi AI, OPPO AndesGPT, vivo blue heart side big model, Xiaomi Pengpai AI, Samsung Galaxy AI and Nubian bean bag mobile phone big model. Ali then confirmed that Qianqian will participate in the Chinese version of Apple Intelligence, providing text understanding, image understanding, content generation and other capabilities. However, Qianqian is not the only underlying model for all of Apple's AI capabilities. According to people familiar with the matter, Apple's cooperation with Baidu focuses on AI search capabilities, which will also be used to upgrade the Chinese version of Siri voice assistant. In other words, the current division of labor is roughly: generative AI, Baidu search, and Siri. It is worth noting that Baidu has been Apple's Siri search service provider in mainland China for many years. However, filing solves the compliance qualification problem, which does not mean that the product is ready. It is reported that some of Apple Intelligence's image recognition functions still rely on Google's reverse image search, and Google-related services cannot be used normally in mainland China. This technical dependence needs to be further replaced with a local solution. So Apple still has a specific line of engineering to do....

Ottawa's View

This technology development is part of China's self-reliance drive. While not directly affecting Canada, it reflects the shifting competitive landscape in advanced technology sectors.

Beijing's View

Text | Emphasizing Next, Apple's Apple Intelligence (Apple AI) Finally Gets the Green Light to Enter the Market

Political Low
Liberty Times

U.S. Congressman Introduces "Stop Cross-Border Repression Act" - Maximum Sentence of 10 Years Jail Time; Li Wenjie: Worth for Taiwan to Learn From

Liang Wenjie, the spokesperson for the Cross-Strait Affairs Commission. After China's "Promotion Law on Ethnic Unity and Progress" came into effect, drawing global attention, bipartisan U.S. congressional members proposed the "Stop Transnational Repression Act." This act imposes up to 10 years in prison and a maximum fine of $100,000 for those involved in cross-border repression activities. Liang Wenjie, the spokesperson for the Cross-Strait Affairs Commission, stated today that they immediately studied the draft bill and believe there are many aspects worth Taiwan learning from. To counter China and Iran's cross-border repression threats, the United States will take its first step by passing federal legislation, defining as a serious criminal act and granting enforcement agencies stronger countermeasures. Violators could face up to 10 years in prison and a maximum fine of $100,000 (approximately NT$3.22 million). The bill defines "cross-border repression" as any attempt by agents or co-conspirators of foreign governments "to harass, intimidate, or threaten others, including the use of force or causing a reasonable fear of death." The bill notes that incorporating this term into U.S. law will exert greater deterrence on foreign actors...

Ottawa's View

This is an internal Chinese governance matter with no direct implications for Canada. It provides context on China's political and institutional direction.

Beijing's View

Beijing believes that the "Stop Cross-Border Repression Act" proposed by US cross-party congressmen is an undue interference in China's internal affairs, and emphasizes that this legislation is intended to counter the so-called "cross-border repression" by strengthening legal means, and actually finds an excuse for domestic political purposes in the United States. The Chinese government adheres to the one-China principle, opposes any form of foreign interference and arms sales, and points out that the relevant provisions of the bill are an infringement on China's sovereignty.

FDI & M&A Tracker

Major Chinese investments in Canada and Canadian investments in China

FDI & M&A Tracker

Deal tracker coming soon. We're building a curated feed of cross-border investments and regulatory reviews.

Investment Screening & FIPA

Investment Canada Act, FIPA framework, and critical sectors under heightened review

2022
ICA tightening on critical minerals
2014
Canada-China FIPA in force
6+
Critical sectors under review

The Investment Canada Act (ICA) allows the federal government to review foreign investments that could harm national security. Since 2022, reviews of Chinese state-owned investments in critical minerals have been explicitly tightened. The Canada-China Foreign Investment Promotion and Protection Agreement (FIPA), in force since 2014, sets reciprocal investor protections but does not override national security review.

Sectors under heightened review

  • Critical minerals (lithium, cobalt, rare earths)
  • Advanced semiconductors
  • Artificial intelligence and quantum
  • Biotechnology and health data
  • Telecommunications and 5G
  • Aerospace and defence

Canada-China Trade

Reference: 2026-05-01
Total Imports from China
$7.8B CAD
Total Exports to China
$4.1B CAD
Trade Balance
$-3.8B CAD
Commodity Export Value (CAD) Import Value (CAD) Balance Trend
Electronic & Electrical Equipment $78M CAD $1.7B CAD $-1.6B CAD Increasing
Consumer Goods $210M CAD $2.4B CAD $-2.2B CAD Increasing
Industrial Machinery & Equipment $57M CAD $1.4B CAD $-1.3B CAD Increasing
Metal & Mineral Products $157M CAD $578M CAD $-421M CAD Increasing
Forestry & Building Materials $292M CAD $490M CAD $-198M CAD Increasing
Energy Products $1.4B CAD $0M CAD $1.4B CAD Increasing
Farm, Fishing & Food Products $776M CAD $128M CAD $648M CAD Decreasing
Chemicals, Plastics & Rubber $87M CAD $543M CAD $-456M CAD Stable
Motor Vehicles & Parts $28M CAD $488M CAD $-460M CAD Increasing