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
3,800.86
+0.10%
Shenzhen Component
12,353.70
-0.25%
Hang Seng
24,345.22
+0.30%
CSI 300
4,275.68
+0.00%

Currency Rates

USD/CNY
6.6935
-0.1283%
CAD/CNY
4.6943
-0.3667%
USD/CAD
1.4257
+0.2327%

Market Signals

Economic Low
CGTN

CGTN Poll: Practical Dialogue Matters More as Protectionism Rises

The article reflects the author's opinions and not necessarily those of CGTN. A global poll conducted by CGTN online shows that 82.8% of respondents believe protectionism will not solve the industrial restructuring problems facing European countries, and that it will only worsen the international trade environment. The CGTN survey finds that 87.

Ottawa's View

Businesses with China revenue exposure should scenario-plan for policy volatility. Investment screening rules may come under review.

Beijing's View

Economic messaging emphasizes 'high-quality development' and 'dual circulation.' Policy signals stress stability while pursuing structural reforms.

Technology Low
China Digital Times

[CDT Weekly Report] Issue 285: Do not buy products that are not allowed to be rated, and do not engage with brands that are not allowed to be questioned.

Since Meng Wanzhou's return to China, Huawei has almost become a "religious brand," gradually becoming "full of empty promises and doing as it pleases" with theof patriotism and nationalism. It is skilled in dealing with problems by addressing those who raise issues first. However, this time, the authority platform with millions of followers stepped forward to raise questions, making their usual tactics less effective. While brands can be deified, public opinion manipulated, and voices silenced, the truth about brake defects can still result in fatalities.

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

No significant implications for Beijing's international position identified at this time.

Sector Breakdown

Hang Seng TECH ETF

Hang Seng TECH ETF
8.74
-1.13%

ChiNext Composite

ChiNext Composite
2,958.34
+0.00%

SSE 50

SSE 50
2,807.42
+0.00%

Shenzhen 100

Shenzhen 100
5,283.33
+0.00%

SPDR Gold Trust

SPDR Gold Trust
3,009.00
-0.13%

CSI 500

CSI 500
7,085.09
+0.00%

Top Movers

Gainers

Name Price (CNY) Change
PetroChina HK$10.22 +3.97%
China Construction Bank HK$9.96 +2.31%
Bank of China HK$6.26 +2.29%
ICBC HK$7.64 +1.80%
CNOOC HK$24.28 +1.59%

Losers

Name Price (CNY) Change
Baidu HK$81.65 -1.63%
Haidilao HK$9.30 -2.82%
BYD Company HK$73.25 -3.11%
SMIC HK$55.55 -3.64%
WuXi Biologics HK$51.25 -4.83%

Regulatory Actions

Political High
The Diplomat

Wolf Warriors in Sheep’s Clothing: China’s New Subnational Diplomacy in Australia

Chinese diplomats in Australia have shifted from the confrontational "wolf warrior diplomacy" of Xi Jinping's era to quieter subnational initiatives aimed at securing compliance with CCP objectives. This new approach has intensified since Prime Minister Albanese's 2025 visit, with Chinese consular staff pressuring local governments and communities in major cities like Brisbane, Sydney, Melbourne, Adelaide, and Perth to suppress content or events seen as hostile to the CCP.

Ottawa's View

For the government of China, diplomacy is more than simply a means of cultivating international relationships and advancing national interests

Beijing's View

State media dismisses foreign criticism as 'interference in internal affairs.' The Party's governance model is presented as suited to China's conditions.

Legal Moderate
全国人大 ·October 13, 2026

Putian: Precise Supervision Safeguarding the Health Welfare of the People

In recent years, the Standing Committee of the Putian Municipal People's Congress has in-depth studied and implemented the important discourse of General Secretary Xi Jinping on ensuring and improving people's livelihood, focusing on the new vision of "Hemei Putian and Common Prosperity", adhering to the support of the apartment in supervision, taking medical security as the key issue of people's livelihood supervision for three consecutive years, and building a "special investigation and review — supervision of the list - special review — long-term mechanism solidification" chain closed-loop supervision mechanism to improve the quality and efficiency of the whole process of people's democratic practice of escorting medical insurance, promoting the continuous improvement of the city's multi-level medical security system, deepening the reform of the three medical links, firmly maintaining the bottom line of fund security, and optimizing and upgrading the services for the convenience of the people, and handing over a Yang "answer sheet" for the high-quality development of the people's congress supervision and empowering medical insurance. From March to April 2024, Xu Dejun, deputy director of the Standing Committee of the Putian Municipal People's Congress, led a survey on medical security work to deeply understand the implementation of medical insurance policies, the operation and management of medical institutions, the supervision and management of medical insurance funds, the procurement of medical insurance drugs and consumables, and centered on the five major areas of reimbursement settlement, drug consumption collection, serious illness treatment, insurance collection, and fund supervision, and extensively collected the urgent needs and expectations of the masses. Combined with the field visit, the research team formed a special report and submitted it to the Standing Committee meeting for consideration, sorted out the problems in the lag in the allocation of financial matching funds, insufficient adaptation of dip payment, low pricing of medical services, poor inter-departmental information exchange, and weak grassroots management, and established two lists of problems and suggestions....

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

In recent years, the Standing Committee of the Putian Municipal People's Congress has in-depth studied and implemented General Secretary Xi Jinping's important statement on ensuring and improving people's livelihood, focusing on the new vision of "Hemei Putian and Common Prosperity", adhering to the support of the apartment in supervision, taking medical security as a key issue for people's livelihood supervision for 3 consecutive years, and building a "special investigation and review — supervision of the list — special review — long-term mechanism solidification" chain closed-loop supervision mechanism to improve the quality and efficiency of the whole process of people's democratic practice, promote the continuous improvement of the city's multi-level medical security system, deepen the reform of the three medical links, firmly hold the bottom line of fund security, and optimize and upgrade the services for the convenience of the people, and hand over a Liyang "answer sheet" for the high-quality development of the people's congress supervision and empowerment of medical insurance.

Political Low
Liberty Times

Claude generating copy shockingly sees "Taiwan Independence" account banned, Chinese engineer blasts fishing enforcement

Recently, a Chinese engineer who used Claude to generate a copy was surprised by "Taiwan independence", reminding him not to generate politically sensitive words. (Bloomberg Photo) A few days ago, a Chinese engineer complained that he generated app promotional text through his AI assistant Claude. The sensitive word "Taiwan independence" appeared in the content. He immediately deactivated the app and reminded it not to generate politically sensitive words. He did not expect the account to be deactivated the next day (US time should be the same day), suspecting that this was an official "fishing law enforcement" and calling it "really insidious". The Chinese engineer posted on the WeChat public account "CroWall" on the 12th, saying that on the 10th, when he found that Claude had planted the thunder of "Taiwan independence" in his app, in addition to the emergency suspension of the app, and let Claude regenerate the copy, "do not appear politically sensitive words". As a result, tragedy occurred. He died in this way for 3 years and 7 months, Claude Max for nearly 3 months. Read on... "CroWall" said that Claude knew he was not difficult in China and did not take any precautions other than opening a system proxy. At first, he was more cautious. He opened a global agent, the system was adjusted to English, and the demand was also sent in English. After a month and a month, it was not sealed, so he simply did not install it, directly chatted in simplified Chinese, and only hung up the system agent....

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 adheres to the principle of one China and has implemented strict control measures against any voices or actions promoting Taiwan's independence. The recent case of an engineer having their account suspended due to the appearance of the sensitive term "Taiwan independence" when using an AI assistant to generate text highlights the government's high level of concern for internet security and stability. Some public opinion believes this incident may be a form of so-called "fishing law enforcement," but regardless of the form, it reflects China's determination to maintain national unity and cybersecurity.

Military Low
War on the Rocks

Building an Arsenal That Survives the Tenth Salvo

The article argues for a new defense industrial architecture to ensure an arsenal can survive the tenth salvo. It emphasizes the need for rapid replenishment and adaptation capabilities, surpassing current insufficient munitions production methods. Key actions include qualification reform, consolidating structures catalog, unifying component strategy, scoring industrial capabilities, and including allies in the network. This approach requires a distributed, software-defined factory network to support quick design-to-manufacture cycles.

Ottawa's View

This military development does not directly involve Canada but is relevant to the broader Indo-Pacific security environment that Canada monitors.

Beijing's View

No significant implications for Beijing's international position identified at this time.

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: 2026-08-01
Total Imports from China
$8.9B CAD
Total Exports to China
$3.9B CAD
Trade Balance
$-5.0B CAD
Commodity Export Value (CAD) Import Value (CAD) Balance Trend
Electronic & Electrical Equipment $87M CAD $1.9B CAD $-1.8B CAD Increasing
Consumer Goods $238M CAD $2.9B CAD $-2.7B CAD Increasing
Industrial Machinery & Equipment $85M CAD $1.4B CAD $-1.3B CAD Increasing
Metal & Mineral Products $183M CAD $696M CAD $-513M CAD Increasing
Forestry & Building Materials $266M CAD $518M CAD $-252M CAD Increasing
Energy Products $1.4B CAD $0M CAD $1.4B CAD Increasing
Farm, Fishing & Food Products $618M CAD $185M CAD $432M CAD Increasing
Chemicals, Plastics & Rubber $102M CAD $519M CAD $-418M CAD Decreasing
Motor Vehicles & Parts $19M CAD $760M CAD $-742M CAD Increasing