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Xiaofei Xu

Xiaofei Xu

Paris
@xiaofeixu
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 politics
Languages Spoken:
Cantonese, English, French, Mandarin

China and US trade talks off to a low-key start after first meeting in Paris

Discussions expected to focus on trade, investment and rare earths ahead of crucial Xi-Trump summit later this month in Beijing.

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Discussions expected to focus on trade, investment and rare earths ahead of US President Donald Trump’s visit to China later this month.

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The president said China’s strongest regions should be proactive in tech transformation, hold a ‘bottom line mindset’ to resist external shocks.

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Finance minister distances himself from French government agency’s proposal for blanket EU tariffs on China to stop ‘destruction’ of local industry.

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New pact designates a new yuan clearing bank, boosts cross-listings and expands green finance, accelerating the international use of China’s currency.

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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.

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Beijing’s policies seen putting income growth above GDP, with investments in social welfare, future tech and advanced manufacturing to spur internal demand.

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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.

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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.

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World Economic Forum (WEF) in DavosUS-China relationsChina consumptionLuxury in ChinaArtificial intelligenceGermanyElectric & new energy vehiclesUS-China trade warChina-EU relationsSemiconductors