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Xiaofei Xu
Reporter, Political Economy
Xiaofei joined SCMP in 2025 after four years at CNN's Paris bureau where he covered the rise of far-right forces in France, the economic fallout of the war in Ukraine and many other subjects. Xiaofei has a master's degree in French History from the University of Chicago.
Xiaofei joined SCMP in 2025 after four years at CNN's Paris bureau where he covered the rise of far-right forces in France, the economic fallout of the war in Ukraine and many other subjects. Xiaofei has a master's degree in French History from the University of Chicago.
Areas of Expertise:
French economy and politicsLanguages Spoken:
Cantonese, English, French, Mandarin
Deteriorating transatlantic relationship and high energy and labour costs are making American firms think twice before moving into German market.
The new facility will help nations deal with urgent energy, food and economic resilience needs, according to the bank.
But study warns that new project pipeline appears to be drying up, as Chinese investors face pressure from both Beijing and Brussels.
Finance chief Paul Chan says shift fuelled by city’s strong market performance and improved geopolitical situation, especially after Xi-Trump summit.
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BYD tells builders of Hungarian factory to abide by labour laws as new government adopts stricter approach to foreign investment.
Chinese companies, often reluctant to pay for legal services, are encountering greater compliance issues as they expand into a stricter EU.
The world’s two biggest economies also agree to roll back tariffs, deepen investment and establish a new board to manage disputes.
After leaving Beijing, the US president announced a pledge to buy at least 200 jets, and up to 750 under certain conditions.
Washington and Beijing will discuss the board to manage commercial ties, and there is a plan to ‘pregame’ investments to avoid national security blocks.
The two sides will seek to ‘iron out any last-minute issues’ in single day of talks, economist says.
The maker of Sophie la Girafe reportedly ran a ‘fake’ factory in France for years, while secretly producing the iconic toy in China.
The commerce ministry warns the move will backfire on the EU, hitting its energy security and green transition.
Brussels’ proposed new Cybersecurity Act would require vast amounts of Chinese equipment to be ripped out and replaced in a slew of industries.
EU official says Brussels has identified cybersecurity and dependency risks in Chinese inverters.
Airline joins state-owned peers in placing large orders with European manufacturer, while rumoured Boeing deal could hinge on Trump visit.
Source says Beijing has quietly dropped an old sanctioning of Sjoerd Sjoerdsma, who recently spoke of wanting to lead a Dutch trade mission to China.
Belgium’s top customs official says main problem is that many products do not meet EU standards.
A debate is swirling in Europe over what role China should play in its wind power push, as the continent confronts the Middle East energy crisis.
Polish firm to replace state-backed Chinese giant as Brussels uses regulatory powers to curb what it says is market-distorting foreign aid.
Chinese chipmaker Sanan Optoelectronics has abandoned its acquisition of Dutch-based Lumileds.
Businesses are rethinking short-term strategies as they adapt to rising costs and slowing growth across major economies.
The failed Lumileds deal highlights the growing hurdles Chinese tech firms face in overseas acquisitions under tightening US policy.
Coalition of more than 30 nations to meet in Paris for a summit to find a ‘credible proposal’ to restore shipping through the strait.
The Dutch chipmaker expects annual net sales of €36 billion (US$42.5 billion) to €40 billion after releasing its first-quarter results.
Peter Magyar pledges reforms to restore transparency and fiscal stability as Hungary shifts from Viktor Orban’s investment model.
Record turnout hands opposition Tisza Party a decisive victory in Hungary.
With opposition Tisza party leading in the polls, businesses ponder implications if Orban’s Fidesz party loses 16-year grip on power.
Affluent Chinese consumers are expected to splurge, though a volatile property market and oil price shocks pose challenges, analysts say.
A fragile truce prevented all-out confrontation, but Beijing and Washington remain locked in a struggle few analysts see easing any time soon.
