Advertisement
Advertisement
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
Wingtech projects a loss of up to US$1.9 billion in 2025, owing to the Dutch government’s takeover of Nexperia.
US limits on ASML’s China trade continue to define the company’s growth pattern, with overall sales up despite China revenues falling.
Tesla’s vehicle production fell 7 per cent year on year in 2025, as Elon Musk signals company will pivot to humanoid robots.
Brussels diversifies away from China and US risks, while the pact makes India a more attractive place for European firms to sell vehicles and fuel growth.
Advertisement
LVMH saw its sales in China rise in the second half of 2025, as the vast Chinese luxury market shows signs of recovery.
China’s energy supply edge was also at the heart of a panel discussion on clean energy in Europe.
Beijing’s policies seen putting income growth above GDP, with investments in social welfare, future tech and advanced manufacturing to spur internal demand.
Each country should build their own AI system, incorporating its own language and culture into the AI models, Huang says at the WEF in Davos.
Amid escalating transatlantic rifts fuelled by Donald Trump, vice-premier urges global cooperation, free trade and dialogue, pledging to boost imports and open China’s market.
Vice-Premier He Lifeng is expected to pitch China as a reliable partner on Tuesday, contrasting Beijing’s stability with Trump’s unilateralism before US president’s address.
The court hearing could be decisive in the tug-of-war over control of the Dutch chipmaker, which sparked supply chain worries and China tensions.
China’s energy buildout means cheap, green and reliable electricity fuels its manufacturing and tech industries, giving it an edge over rivals.
Breakthrough follows duties levied by Brussels in October 2024 as part of investigation into industry subsidies.
Analysts expect policy will signal to Europe that Beijing is interested in serious trade relations and is a good partner.
Special action plan to promote application of three to five large AI models in manufacturing sector.
China has engaged with Greenland in areas ranging from oil and minerals to tourism. But its footprint is far smaller than Trump claims.
Beijing’s investigation targets imports of dichlorosilane from Japan, alleging dumping that harms Chinese production, amid escalating bilateral and trade tensions.
Shipments of select goods – which could include drones and rare earths – to entities associated with the Japanese military have been restricted.
Dutch chipmaker’s Chinese owner warns of multi-track legal action, seeking full control of the firm and damages for improper seizure amid supply-chain tensions.
The flurry of orders, worth billions of US dollars, marks a big victory for the European aviation firm over US rival Boeing in a key market.
French producers hope their famed pate can win a slice of China’s market, but price sensitivities and domestic competition could mean their goose is cooked.
This year’s wave of popularity for Chinese brands has not waned in France’s capital, with Shein’s store packed and Labubu dolls dotting trees.
PBOC pledges to integrate e-CNY into the New International Land-Sea Trade Corridor, boost adoption in Southeast Asia via China’s CIPS payment network.
The theft, with over 50,000 items stolen by some estimates, casts a shadow over the Chinese e-commerce giant’s first Christmas in France.
The widening gap, fuelled by a localisation push in China and fierce EV competition, is fuelling fears of political upheaval and rising protectionist sentiment in Berlin.
Alleging that European subsidies are hurting Chinese producers, Beijing has imposed fees that look to hit French exporters the hardest.
Commerce authorities vow to defend firms such as Nuctech and CRRC, while Beijing continues talks with Brussels over EV tariffs.
Traditional European exports like cars are losing their appeal, while restrictions crimp sales of sought-after lithography machines.
Regulators tell platforms that demanding the ‘lowest price’ from vendors may not be permitted under new draft guidelines.
