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
Europe has prohibited Chinese renewable power inverters from being used in EU-funded projects, citing cybersecurity and dependency risks.
Ministry of Commerce says goal is to promote AI’s entry into ‘millions of households and millions of shops’.
China ranked 12th on the list, despite a decline in economic performance, weak domestic demand and concern over foreign market access.
Opening of Paris hub is a response to increased demand, says the China tech giant as it looks to roll out agentic AI services across Europe.
Advertisement
Regulators target predatory pricing and merchant coercion, with new rules requiring that tech giants disclose subsidy data and not disrupt the market.
Brussels currently lacks the firepower to win a trade clash with China – and Beijing is not in a mood to make concessions, analysts warn.
New BHV Marais owners say Chinese fast-fashion heavyweight should leave by Christmas after brands pulled out in protest.
Auto veteran Soh Weiming on the EV tech transfer, China’s plateau, and Europe’s chance to catch up.
34 per cent expect business conditions in China to improve by end of decade, while 63 per cent have positive expectations for India.
Maros Sefcovic made the remarks after meeting China’s chief trade negotiator, but says both sides are focused on mutual success.
Economist proposes central bank and currency under the UN to remove fears that ‘world financial markets are going to eat your currency’.
While OECD figures suggest subsidies have driven Chinese firms’ rapid growth abroad, a Chinese chamber of commerce questioned the report’s standards.
European Commission launches in-depth investigation under Foreign Subsidies Regulation in latest instance of Brussels-Beijing tensions.
The Netherlands’ trade chief and his delegation will come at a pivotal diplomatic moment, as The Hague faces pressure from US tech-export laws.
While LVMH, Hermes and Prada recorded increased sales in Chinese market, Kering reported a decline.
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.
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.
